Invesco Senior Income Trust (NYSE:VVR) Short Interest Update

Invesco Senior Income Trust (NYSE:VVR) was the recipient of a large growth in short interest during 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 currently 0.2 days.

Invesco Senior Income Trust Trading Up 0.2%

NYSE VVR traded up $0.01 during trading hours on Friday, reaching $3.00. The company had a trading volume of 485,503 shares, compared to its average volume of 880,198. The stock has a 50-day moving average of $3.04 and a 200 day moving average of $3.15. Invesco Senior Income Trust has a 1-year low of $2.93 and a 1-year high of $3.83.

Invesco Senior Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.029 dividend. 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 made changes to their positions in VVR. Western Wealth Management LLC acquired a new stake in Invesco Senior Income Trust in the 1st quarter valued at approximately $353,000. NewEdge Advisors LLC lifted its stake in Invesco Senior Income Trust by 658.7% during the first quarter. NewEdge Advisors LLC now owns 114,977 shares of the investment management company’s stock worth $370,000 after purchasing an additional 99,822 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Invesco Senior Income Trust by 18.6% during the first quarter. Royal Bank of Canada now owns 285,590 shares of the investment management company’s stock worth $920,000 after buying an additional 44,768 shares during the period. Icon Advisers Inc. Co. acquired a new stake in shares of Invesco Senior Income Trust in the first quarter valued at $1,671,000. Finally, Illumine Investment Management LLC grew its stake in shares of Invesco Senior Income Trust by 44.9% in the first quarter. Illumine Investment Management LLC now owns 169,395 shares of the investment management company’s stock valued at $545,000 after buying an additional 52,469 shares in the last quarter.

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.