Invesco Senior Income Trust (NYSE:VVR) Short Interest Up 211.9% in June

Invesco Senior Income Trust (NYSE:VVR) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 204,435 shares, a growth of 211.9% from the May 31st total of 65,547 shares. Based on an average daily volume of 913,849 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Senior Income Trust Trading Up 0.2%

Shares of Invesco Senior Income Trust stock opened at $3.00 on Tuesday. Invesco Senior Income Trust has a 12-month low of $2.93 and a 12-month high of $3.83. The firm’s 50-day moving average price is $3.03 and its two-hundred day moving average price is $3.15.

Invesco Senior Income Trust Dividend Announcement

The company also recently declared 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. 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.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VVR. Absolute Investment Advisers LLC bought a new stake in Invesco Senior Income Trust during the fourth quarter worth $3,487,000. Balyasny Asset Management L.P. acquired a new stake in shares of Invesco Senior Income Trust in the 4th quarter valued at $3,147,000. City of London Investment Management Co. Ltd. bought a new position in shares of Invesco Senior Income Trust in the 3rd quarter valued at $2,654,000. Pathstone Holdings LLC bought a new position in shares of Invesco Senior Income Trust in the 3rd quarter valued at $2,552,000. Finally, Ionic Capital Management LLC acquired a new position in shares of Invesco Senior Income Trust during the 4th quarter worth $1,988,000.

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.