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

Invesco Senior Income Trust (NYSE:VVR) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 131,100 shares, a growth of 116.7% from the September 15th total of 60,500 shares. Based on an average trading volume of 789,600 shares, the short-interest ratio is presently 0.2 days.

Shares of NYSE:VVR traded up $0.02 during trading on Thursday, hitting $4.43. The stock had a trading volume of 10,757 shares, compared to its average volume of 648,740. Invesco Senior Income Trust has a 12 month low of $3.51 and a 12 month high of $4.49. The firm’s fifty day moving average is $4.38 and its 200 day moving average is $4.31.

The business also recently declared a monthly dividend, which will be paid on Friday, October 29th. Investors of record on Thursday, October 14th will be paid a $0.021 dividend. The ex-dividend date of this dividend is Wednesday, October 13th. This represents a $0.25 annualized dividend and a dividend yield of 5.69%.

A number of institutional investors and hedge funds have recently modified their holdings of VVR. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco Senior Income Trust by 6.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 50,201 shares of the investment management company’s stock valued at $223,000 after buying an additional 3,013 shares during the period. Royal Bank of Canada raised its holdings in Invesco Senior Income Trust by 2.1% during the second quarter. Royal Bank of Canada now owns 193,078 shares of the investment management company’s stock valued at $860,000 after acquiring an additional 3,946 shares during the period. Integrated Capital Management Inc. raised its holdings in Invesco Senior Income Trust by 12.8% during the second quarter. Integrated Capital Management Inc. now owns 38,086 shares of the investment management company’s stock valued at $169,000 after acquiring an additional 4,321 shares during the period. Wedbush Securities Inc. raised its holdings in Invesco Senior Income Trust by 32.3% during the second quarter. Wedbush Securities Inc. now owns 25,801 shares of the investment management company’s stock valued at $115,000 after acquiring an additional 6,301 shares during the period. Finally, Virtus ETF Advisers LLC raised its holdings in Invesco Senior Income Trust by 11.4% during the first quarter. Virtus ETF Advisers LLC now owns 72,233 shares of the investment management company’s stock valued at $303,000 after acquiring an additional 7,406 shares during the period.

About Invesco Senior Income Trust

Invesco Senior Income Trust operates as a closed-end investment trust. The firm’s investment objective is to gain a high level of current income consistent with the preservation of capital. The company was founded on June 23, 1998 and is headquartered in Houston, TX.

See Also: Operating Income

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