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

Invesco Senior Income Trust (NYSE:VVR) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 224,125 shares, a decrease of 47.8% from the March 31st total of 429,594 shares. Based on an average daily volume of 726,694 shares, the days-to-cover ratio is currently 0.3 days.

Invesco Senior Income Trust Price Performance

Shares of NYSE VVR traded up $0.01 during trading hours on Wednesday, hitting $3.16. 206,365 shares of the stock were exchanged, compared to its average volume of 871,780. The company’s 50 day moving average is $3.13 and its 200 day moving average is $3.23. Invesco Senior Income Trust has a one year low of $3.03 and a one year high of $3.83.

Invesco Senior Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 14th will be issued a dividend of $0.038 per share. This represents a c) annualized dividend and a dividend yield of 14.5%. The ex-dividend date of this dividend is Tuesday, April 14th.

Institutional Trading of Invesco Senior Income Trust

Several large investors have recently modified their holdings of VVR. Absolute Investment Advisers LLC bought a new stake in shares of Invesco Senior Income Trust during the 4th quarter worth $3,487,000. Balyasny Asset Management L.P. bought a new stake in shares of Invesco Senior Income Trust during the 4th quarter worth $3,147,000. City of London Investment Management Co. Ltd. bought a new stake in shares of Invesco Senior Income Trust during the 3rd quarter worth $2,654,000. Pathstone Holdings LLC bought a new stake in shares of Invesco Senior Income Trust during the 3rd quarter worth $2,552,000. Finally, Ionic Capital Management LLC bought a new stake in shares of Invesco Senior Income Trust during the 4th quarter worth $1,988,000.

About Invesco Senior Income Trust

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.