Invesco Senior Income Trust (NYSE:VVR) Stock Short Interest Jumps 133.5%

Invesco Senior Income Trust (NYSE:VVR) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 306,244 shares, an increase of 133.5% from the September 30th total of 131,179 shares. Based on an average daily volume of 700,955 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Invesco Senior Income Trust

Several institutional investors have recently modified their holdings of VVR. GRIMES & Co WEALTH MANAGEMENT LLC acquired a new position in shares of Invesco Senior Income Trust in the 3rd quarter worth approximately $61,000. Blue Bell Private Wealth Management LLC acquired a new stake in shares of Invesco Senior Income Trust during the 3rd quarter worth about $278,000. Wedbush Securities Inc. lifted its holdings in Invesco Senior Income Trust by 31.5% during the 3rd quarter. Wedbush Securities Inc. now owns 20,892 shares of the investment management company’s stock valued at $60,000 after purchasing an additional 5,000 shares during the last quarter. Brookstone Capital Management grew its stake in Invesco Senior Income Trust by 58.3% during the third quarter. Brookstone Capital Management now owns 28,463 shares of the investment management company’s stock worth $82,000 after buying an additional 10,479 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. increased its holdings in Invesco Senior Income Trust by 50.3% during the 3rd quarter. Fortitude Advisory Group L.L.C. now owns 85,441 shares of the investment management company’s stock valued at $247,000 after purchasing an additional 28,604 shares in the last quarter.

Invesco Senior Income Trust Stock Performance

Shares of NYSE:VVR traded down $0.03 on Friday, hitting $2.85. 653,381 shares of the company were exchanged, compared to its average volume of 820,567. The company’s 50 day moving average price is $2.89 and its two-hundred day moving average price is $3.04. Invesco Senior Income Trust has a one year low of $2.80 and a one year high of $3.38.

Invesco Senior Income Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be issued a $0.0290 dividend. This is a positive change from Invesco Senior Income Trust’s previous monthly dividend of $0.0290. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.35 annualized dividend and a yield of 12.2%.

About Invesco Senior Income Trust

Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company that seeks to provide a high level of current income while preserving capital as a secondary objective. The fund is managed by Invesco Ltd., a global investment management firm.

The trust invests primarily in senior secured floating-rate loans and other debt obligations issued by companies. These investments generally include loans made to below-investment-grade or unrated borrowers, whose interest payments typically adjust periodically based on prevailing short-term interest rates.