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

Invesco Senior Income Trust (NYSE:VVR) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 696,434 shares, an increase of 79.3% from the December 31st total of 388,497 shares. Based on an average daily volume of 1,218,330 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 1,218,330 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Invesco Senior Income Trust

Several hedge funds have recently made changes to their positions in VVR. Newbridge Financial Services Group Inc. purchased a new position in Invesco Senior Income Trust in the 2nd quarter worth approximately $36,000. Choreo LLC purchased a new stake in Invesco Senior Income Trust during the 4th quarter valued at about $37,000. Allworth Financial LP boosted its stake in shares of Invesco Senior Income Trust by 607.1% during the second quarter. Allworth Financial LP now owns 9,900 shares of the investment management company’s stock valued at $38,000 after purchasing an additional 8,500 shares during the period. Lido Advisors LLC bought a new position in shares of Invesco Senior Income Trust during the second quarter valued at about $38,000. Finally, Silverlake Wealth Management LLC bought a new stake in shares of Invesco Senior Income Trust in the 3rd quarter worth approximately $42,000.

Invesco Senior Income Trust Trading Down 0.5%

Shares of NYSE:VVR traded down $0.02 during midday trading on Friday, hitting $3.30. 777,040 shares of the company’s stock were exchanged, compared to its average volume of 1,067,087. Invesco Senior Income Trust has a 12 month low of $3.21 and a 12 month high of $4.21. The stock has a 50 day moving average price of $3.28 and a 200-day moving average price of $3.42.

Invesco Senior Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were issued a dividend of $0.038 per share. This represents a c) dividend on an annualized basis and a yield of 13.8%. The ex-dividend date was Thursday, January 15th.

Invesco Senior Income Trust Company Profile

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.