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

Invesco Senior Income Trust (NYSE:VVR) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 659,739 shares, an increase of 127.9% from the June 30th total of 289,489 shares. Based on an average daily volume of 787,854 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in shares of Invesco Senior Income Trust by 12.6% during the 2nd 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 lifted its stake in shares of Invesco Senior Income Trust by 16.7% in the 4th quarter. LPL Financial LLC now owns 2,804,142 shares of the investment management company’s stock valued at $9,170,000 after purchasing an additional 400,918 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Invesco Senior Income Trust by 6.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,354,503 shares of the investment management company’s stock valued at $7,699,000 after purchasing an additional 151,402 shares during the period. UBS Group AG boosted its holdings in Invesco Senior Income Trust by 28.6% during the fourth quarter. UBS Group AG now owns 2,138,175 shares of the investment management company’s stock worth $6,992,000 after buying an additional 475,868 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Invesco Senior Income Trust by 27.8% during the fourth quarter. Invesco Ltd. now owns 2,118,466 shares of the investment management company’s stock worth $6,927,000 after buying an additional 461,035 shares in the last quarter.

Invesco Senior Income Trust Price Performance

VVR traded up $0.01 during midday trading on Wednesday, hitting $2.96. 335,113 shares of the company were exchanged, compared to its average volume of 859,960. The company’s 50 day simple moving average is $2.99 and its 200 day simple moving average is $3.11. Invesco Senior Income Trust has a 1-year low of $2.93 and a 1-year high of $3.79.

Invesco Senior Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 14th will be issued a dividend of $0.029 per share. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date of this dividend is Tuesday, July 14th.

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.