Invesco High Income Trust II (NYSE:VLT) Short Interest Up 62.1% in April

Invesco High Income Trust II (NYSE:VLT - Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 4,700 shares, a growth of 62.1% from the March 31st total of 2,900 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Invesco High Income Trust II

Several large investors have recently made changes to their positions in VLT. Wolverine Asset Management LLC bought a new stake in shares of Invesco High Income Trust II during the 3rd quarter worth about $51,000. Park Avenue Securities LLC boosted its stake in shares of Invesco High Income Trust II by 4.0% during the 1st quarter. Park Avenue Securities LLC now owns 67,370 shares of the financial services provider's stock worth $723,000 after acquiring an additional 2,595 shares in the last quarter. Finally, Shaker Financial Services LLC boosted its stake in shares of 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 in the last quarter. Institutional investors own 21.63% of the company's stock.

Invesco High Income Trust II Stock Performance

NYSE VLT traded up $0.11 on Friday, reaching $10.42. The stock had a trading volume of 14,863 shares, compared to its average volume of 17,992. The business has a 50 day moving average price of $10.55 and a 200 day moving average price of $10.29. Invesco High Income Trust II has a 1 year low of $9.29 and a 1 year high of $10.86.

Invesco High Income Trust II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be paid a $0.0964 dividend. The ex-dividend date is Monday, April 15th. This represents a $1.16 dividend on an annualized basis and a yield of 11.10%.

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.