Invesco Senior Income Trust (NYSE:VVR) Sees Large Decrease in Short Interest

Invesco Senior Income Trust (NYSE:VVR) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 65,547 shares, a drop of 66.8% from the May 14th total of 197,363 shares. Based on an average daily volume of 1,229,326 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Senior Income Trust Stock Down 0.2%

Shares of VVR traded down $0.01 during mid-day trading on Friday, hitting $3.01. 861,219 shares of the company’s stock were exchanged, compared to its average volume of 908,071. Invesco Senior Income Trust has a 52 week low of $2.93 and a 52 week high of $3.83. The stock’s 50-day simple moving average is $3.07 and its 200-day simple moving average is $3.17.

Invesco Senior Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.029 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 11.6%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Invesco Senior Income Trust by 12.6% during the second quarter. Bank of America Corp DE now owns 3,940,291 shares of the investment management company’s stock worth $14,973,000 after purchasing an additional 442,224 shares during the period. LPL Financial LLC increased its stake in Invesco Senior Income Trust by 16.7% in the fourth quarter. LPL Financial LLC now owns 2,804,142 shares of the investment management company’s stock valued at $9,170,000 after acquiring an additional 400,918 shares during the last quarter. Wells Fargo & Company MN increased its stake in Invesco Senior Income Trust by 6.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,354,503 shares of the investment management company’s stock valued at $7,699,000 after acquiring an additional 151,402 shares during the last quarter. UBS Group AG increased its stake in Invesco Senior Income Trust by 28.6% in the fourth quarter. UBS Group AG now owns 2,138,175 shares of the investment management company’s stock valued at $6,992,000 after acquiring an additional 475,868 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Invesco Senior Income Trust by 27.8% in the fourth quarter. Invesco Ltd. now owns 2,118,466 shares of the investment management company’s stock valued at $6,927,000 after acquiring an additional 461,035 shares during the last quarter.

About Invesco Senior Income Trust

Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company sponsored by Invesco Capital Management LLC. The fund was launched in 2005 with the objective of providing high current income while seeking to preserve capital. It is structured as a diversified portfolio of senior floating-rate loans and other income-oriented debt securities.

The trust primarily invests in senior secured loans issued by U.S. and non-U.S. companies, which typically rank higher in a borrower’s capital structure and offer floating-rate coupon payments.