Short Interest in Invesco High Income Trust II (NYSE:VLT) Rises By 2,021.3%

Invesco High Income Trust II (NYSE:VLT - Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 99,700 shares, an increase of 2,021.3% from the March 15th total of 4,700 shares. Based on an average trading volume of 136,400 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Invesco High Income Trust II

A number of hedge funds have recently modified their holdings of the stock. Park Avenue Securities LLC raised its holdings in shares of Invesco High Income Trust II by 4.0% in the 1st quarter. Park Avenue Securities LLC now owns 67,370 shares of the financial services provider's stock worth $723,000 after buying an additional 2,595 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco High Income Trust II by 28.6% in the 4th quarter. Royal Bank of Canada now owns 9,192 shares of the financial services provider's stock worth $95,000 after buying an additional 2,046 shares in the last quarter. Shaker Financial Services LLC grew its position in Invesco High Income Trust II by 40.8% during the 4th quarter. Shaker Financial Services LLC now owns 136,396 shares of the financial services provider's stock worth $1,417,000 after acquiring an additional 39,554 shares during the last quarter. Wolverine Asset Management LLC grew its position in Invesco High Income Trust II by 395.5% during the 4th quarter. Wolverine Asset Management LLC now owns 25,202 shares of the financial services provider's stock worth $262,000 after acquiring an additional 20,116 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in Invesco High Income Trust II by 7.5% during 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 last quarter. 21.63% of the stock is owned by institutional investors and hedge funds.

Invesco High Income Trust II Trading Down 1.2 %

Invesco High Income Trust II stock traded down $0.13 during trading hours on Wednesday, hitting $10.51. The stock had a trading volume of 14,313 shares, compared to its average volume of 21,136. The company has a 50-day moving average of $10.59 and a two-hundred day moving average of $10.25. Invesco High Income Trust II has a fifty-two week low of $9.29 and a fifty-two week high of $10.93.

Invesco High Income Trust II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be issued a $0.0964 dividend. The ex-dividend date of this dividend is Monday, April 15th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 11.01%.

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.

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