Invesco Senior Income Trust (NYSE:VVR – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 306,244 shares, a growth of 133.5% from the September 30th total of 131,179 shares. Based on an average daily trading volume, of 700,955 shares, the short-interest ratio is currently 0.4 days.
Institutional Investors Weigh In On Invesco Senior Income Trust
Several large investors have recently bought and sold shares of the company. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of Invesco Senior Income Trust during the third quarter worth $61,000. Blue Bell Private Wealth Management LLC bought a new stake in shares of Invesco Senior Income Trust during the third quarter worth $278,000. Wedbush Securities Inc. raised its holdings in shares of Invesco Senior Income Trust by 31.5% during the third quarter. Wedbush Securities Inc. now owns 20,892 shares of the investment management company’s stock worth $60,000 after acquiring an additional 5,000 shares during the period. Brookstone Capital Management lifted its position in Invesco Senior Income Trust by 58.3% in the 3rd quarter. Brookstone Capital Management now owns 28,463 shares of the investment management company’s stock valued at $82,000 after acquiring an additional 10,479 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. boosted its stake in Invesco Senior Income Trust by 50.3% in the 3rd quarter. Fortitude Advisory Group L.L.C. now owns 85,441 shares of the investment management company’s stock worth $247,000 after purchasing an additional 28,604 shares during the period.
Invesco Senior Income Trust Trading Down 0.9%
NYSE VVR traded down $0.03 during trading hours on Friday, hitting $2.85. The company’s stock had a trading volume of 653,381 shares, compared to its average volume of 820,567. The stock has a fifty day moving average of $2.89 and a 200 day moving average of $3.04. Invesco Senior Income Trust has a twelve month low of $2.80 and a twelve month high of $3.38.
Invesco Senior Income Trust Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be paid a $0.0290 dividend. This is a boost from Invesco Senior Income Trust’s previous monthly dividend of $0.0290. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.35 dividend on an annualized basis and a dividend yield of 12.2%.
About Invesco Senior Income Trust
Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company that seeks to provide a high level of current income while preserving capital as a secondary objective. The fund is managed by Invesco Ltd., a global investment management firm.
The trust invests primarily in senior secured floating-rate loans and other debt obligations issued by companies. These investments generally include loans made to below-investment-grade or unrated borrowers, whose interest payments typically adjust periodically based on prevailing short-term interest rates.
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