Invesco High Income Trust II (NYSE:VLT) Short Interest Up 300.0% in January

Invesco High Income Trust II (NYSE:VLTGet Free Report) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a growth of 300.0% from the January 15th total of 100 shares. Based on an average daily volume of 22,700 shares, the short-interest ratio is presently 0.0 days.

Invesco High Income Trust II Price Performance

Shares of NYSE:VLT opened at $10.55 on Tuesday. Invesco High Income Trust II has a 1-year low of $9.29 and a 1-year high of $11.20. The company’s fifty day moving average is $10.40 and its two-hundred day moving average is $10.18.

Invesco High Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 29th. Shareholders of record on Friday, February 16th will be issued a dividend of $0.0964 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 10.96%.

Institutional Trading of Invesco High Income Trust II

A number of institutional investors and hedge funds have recently modified their holdings of VLT. Wolverine Asset Management LLC acquired a new stake in shares of Invesco High Income Trust II in the 3rd quarter worth about $51,000. UBS Group AG increased its holdings in shares of Invesco High Income Trust II by 32.7% in the 1st quarter. UBS Group AG now owns 8,010 shares of the financial services provider’s stock worth $98,000 after acquiring an additional 1,974 shares during the period. Bank of America Corp DE increased its holdings in shares of Invesco High Income Trust II by 19.4% in the 1st quarter. Bank of America Corp DE now owns 12,064 shares of the financial services provider’s stock worth $149,000 after acquiring an additional 1,959 shares during the period. LPL Financial LLC increased its holdings in shares of Invesco High Income Trust II by 6.3% in the 2nd quarter. LPL Financial LLC now owns 15,409 shares of the financial services provider’s stock worth $161,000 after acquiring an additional 916 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in shares of Invesco High Income Trust II by 7.5% in the 2nd quarter. Osaic Holdings Inc. now owns 19,047 shares of the financial services provider’s stock worth $180,000 after acquiring an additional 1,323 shares during the period. 16.07% of the stock is owned by institutional investors and hedge funds.

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.

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