Invesco High Income Trust II (NYSE:VLT) Sees Large Increase in Short Interest

Posted by Elija Maina on Sep 15th, 2024

Invesco High Income Trust II (NYSE:VLT – Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 37,000 shares, an increase of 113.9% from the August 15th total of 17,300 shares. Based on an average daily trading volume, of 22,200 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On Invesco High Income Trust II

A hedge fund recently raised its stake in Invesco High Income Trust II stock. Park Avenue Securities LLC lifted its holdings in shares of Invesco High Income Trust II (NYSE:VLT – Free Report) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 67,370 shares of the financial services provider’s stock after buying an additional 2,595 shares during the period. Park Avenue Securities LLC owned approximately 1.04% of Invesco High Income Trust II worth $723,000 at the end of the most recent quarter. Institutional investors and hedge funds own 21.63% of the company’s stock.

Invesco High Income Trust II Price Performance

VLT stock traded up $0.08 during trading on Friday, hitting $11.24. 50,748 shares of the company’s stock were exchanged, compared to its average volume of 27,749. Invesco High Income Trust II has a 52-week low of $9.29 and a 52-week high of $11.48. The business has a 50-day moving average price of $11.00 and a two-hundred day moving average price of $10.72.

Invesco High Income Trust II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be given a $0.0964 dividend. The ex-dividend date of this dividend is Tuesday, September 17th. This represents a $1.16 dividend on an annualized basis and a yield of 10.30%.

Invesco High Income Trust II Company Profile

(Get Free Report)

Invesco High Income Trust II is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.