Invesco High Income Trust II (NYSE:VLT) Short Interest Up 63.6% in May

Invesco High Income Trust II (NYSE:VLT - Get Free Report) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 10,800 shares, an increase of 63.6% from the April 30th total of 6,600 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 28,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Invesco High Income Trust II

Institutional investors and hedge funds have recently bought and sold shares of the business. Wolverine Asset Management LLC acquired a new position in shares of Invesco High Income Trust II during the 1st quarter worth approximately $195,000. Shaker Financial Services LLC boosted its position in Invesco High Income Trust II by 126.9% during the first quarter. Shaker Financial Services LLC now owns 149,862 shares of the financial services provider's stock worth $1,587,000 after purchasing an additional 83,823 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Invesco High Income Trust II by 1.8% in the first quarter. Envestnet Asset Management Inc. now owns 73,616 shares of the financial services provider's stock valued at $780,000 after purchasing an additional 1,275 shares during the last quarter. Institutional investors own 21.63% of the company's stock.

Invesco High Income Trust II Stock Up 0.5%

Shares of Invesco High Income Trust II stock traded up $0.05 during trading on Monday, hitting $10.64. 31,788 shares of the stock were exchanged, compared to its average volume of 25,426. The company has a fifty day moving average price of $10.31 and a 200-day moving average price of $10.78. Invesco High Income Trust II has a 1-year low of $9.12 and a 1-year high of $11.63.

Invesco High Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were given a dividend of $0.0964 per share. This represents a $1.16 dividend on an annualized basis and a yield of 10.87%. The ex-dividend date of this dividend was Friday, May 16th.

About Invesco High Income Trust II

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.