Invesco Senior Income Trust (NYSE:VVR) Sees Significant Increase in Short Interest

Invesco Senior Income Trust (NYSE:VVRGet Free Report) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 204,435 shares, an increase of 211.9% from the May 31st total of 65,547 shares. Based on an average trading volume of 913,849 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco Senior Income Trust

Several hedge funds have recently made changes to their positions in the company. Absolute Investment Advisers LLC purchased a new stake in shares of Invesco Senior Income Trust during the 4th quarter valued at approximately $3,487,000. Balyasny Asset Management L.P. acquired a new stake in Invesco Senior Income Trust during the fourth quarter worth $3,147,000. City of London Investment Management Co. Ltd. purchased a new stake in Invesco Senior Income Trust in the third quarter valued at $2,654,000. Pathstone Holdings LLC purchased a new stake in Invesco Senior Income Trust in the third quarter valued at $2,552,000. Finally, Ionic Capital Management LLC acquired a new position in shares of Invesco Senior Income Trust in the 4th quarter valued at $1,988,000.

Invesco Senior Income Trust Trading Up 0.2%

Shares of VVR stock traded up $0.01 on Friday, hitting $3.00. 485,503 shares of the stock traded hands, compared to its average volume of 880,198. Invesco Senior Income Trust has a twelve month low of $2.93 and a twelve month high of $3.83. The firm’s 50-day moving average price is $3.04 and its two-hundred day moving average price is $3.15.

Invesco Senior Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.029 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 11.6%.

About Invesco Senior Income Trust

(Get Free Report)

Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company sponsored by Invesco Capital Management LLC. The fund was launched in 2005 with the objective of providing high current income while seeking to preserve capital. It is structured as a diversified portfolio of senior floating-rate loans and other income-oriented debt securities.

The trust primarily invests in senior secured loans issued by U.S. and non-U.S. companies, which typically rank higher in a borrower’s capital structure and offer floating-rate coupon payments.

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