Short Interest in Invesco Senior Income Trust (NYSE:VVR) Drops By 66.8%

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

Invesco Senior Income Trust Price Performance

Shares of VVR opened at $3.00 on Thursday. Invesco Senior Income Trust has a 52-week low of $2.93 and a 52-week high of $3.83. The business’s 50 day moving average price is $3.07 and its two-hundred day moving average price is $3.18.

Invesco Senior Income Trust Dividend Announcement

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

Hedge Funds Weigh In On Invesco Senior Income Trust

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its position in Invesco Senior Income Trust by 0.9% in the 2nd quarter. Raymond James Financial Inc. now owns 438,005 shares of the investment management company’s stock valued at $1,664,000 after buying an additional 3,762 shares during the last quarter. Alteri Wealth LLC increased its position in shares of Invesco Senior Income Trust by 9.1% during the 3rd quarter. Alteri Wealth LLC now owns 47,875 shares of the investment management company’s stock valued at $166,000 after purchasing an additional 4,000 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Invesco Senior Income Trust by 30.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 17,871 shares of the investment management company’s stock worth $58,000 after acquiring an additional 4,174 shares during the period. Clear Creek Financial Management LLC grew its stake in shares of Invesco Senior Income Trust by 8.2% during the 4th quarter. Clear Creek Financial Management LLC now owns 59,175 shares of the investment management company’s stock worth $194,000 after acquiring an additional 4,500 shares during the period. Finally, SeaCrest Wealth Management LLC grew its stake in shares of Invesco Senior Income Trust by 9.6% during the 4th quarter. SeaCrest Wealth Management LLC now owns 67,852 shares of the investment management company’s stock worth $224,000 after acquiring an additional 5,933 shares during the period.

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.