Invesco High Income Trust II (NYSE:VLT) Sees Large Decline in Short Interest

Invesco High Income Trust II (NYSE:VLT - Get Free Report) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 12,500 shares, a drop of 37.2% from the March 31st total of 19,900 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is presently 0.4 days.

Invesco High Income Trust II Stock Performance

VLT traded up $0.08 during trading on Friday, hitting $10.46. The stock had a trading volume of 24,427 shares, compared to its average volume of 25,066. The company has a 50 day moving average price of $10.44 and a 200-day moving average price of $10.90. Invesco High Income Trust II has a one year low of $9.12 and a one year high of $11.63.

Invesco High Income Trust II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a $0.0964 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 11.06%.

Institutional Inflows and Outflows

An institutional investor recently raised its position 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 6.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 66,871 shares of the financial services provider's stock after purchasing an additional 4,160 shares during the quarter. Park Avenue Securities LLC's holdings in Invesco High Income Trust II were worth $733,000 as of its most recent SEC filing. Institutional investors and hedge funds own 21.63% of the company's stock.

Invesco High Income Trust II Company Profile

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.