Invesco High Income Trust II (NYSE:VLT) Short Interest Up 113.9% in August

Posted by William Tyler on Sep 15th, 2024

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

Invesco High Income Trust II Stock Performance

Shares of NYSE:VLT traded up $0.08 during mid-day trading on Friday, reaching $11.24. 50,748 shares of the company were exchanged, compared to its average volume of 27,749. Invesco High Income Trust II has a 1 year low of $9.29 and a 1 year high of $11.48. The firm’s 50-day simple moving average is $11.00 and its 200 day simple moving average is $10.72.

Invesco High Income Trust II Announces Dividend

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

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 stake in shares of Invesco High Income Trust II (NYSE:VLT – Free Report) by 4.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,370 shares of the financial services provider’s stock after buying an additional 2,595 shares during the quarter. Park Avenue Securities LLC owned approximately 1.04% of Invesco High Income Trust II worth $723,000 at the end of the most recent reporting period. Institutional investors own 21.63% of the company’s stock.

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.