Invesco Senior Income Trust (NYSE:VVR) Short Interest Down 51.5% in August

Invesco Senior Income Trust (NYSE:VVRGet Free Report) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 84,398 shares, a decline of 51.5% from the July 30th total of 174,143 shares. Based on an average daily volume of 574,905 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Senior Income Trust Trading Up 0.7%

VVR traded up $0.02 on Friday, reaching $2.93. The company had a trading volume of 633,313 shares, compared to its average volume of 826,643. The business has a 50 day simple moving average of $2.97 and a 200 day simple moving average of $3.05. Invesco Senior Income Trust has a 52-week low of $2.91 and a 52-week high of $3.65.

Invesco Senior Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be given a dividend of $0.029 per share. The ex-dividend date is Monday, August 17th. This represents a c) annualized dividend and a dividend yield of 11.9%.

Institutional Trading of Invesco Senior Income Trust

A number of hedge funds have recently made changes to their positions in VVR. Bank of America Corp DE grew its position in Invesco Senior Income Trust by 12.6% in 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 acquiring an additional 442,224 shares in the last quarter. LPL Financial LLC raised its position in Invesco Senior Income Trust by 16.7% during 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 purchasing an additional 400,918 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Invesco Senior Income Trust by 6.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,354,503 shares of the investment management company’s stock worth $7,699,000 after purchasing an additional 151,402 shares during the last quarter. UBS Group AG lifted its stake 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 purchasing an additional 475,868 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Invesco Senior Income Trust by 27.8% in the 4th quarter. Invesco Ltd. now owns 2,118,466 shares of the investment management company’s stock worth $6,927,000 after purchasing an additional 461,035 shares in the last quarter.

Invesco Senior Income Trust Company Profile

(Get Free Report)

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.

Further Reading

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