Invesco Senior Income Trust (NYSE:VVR) Sees Significant Growth in Short Interest

Invesco Senior Income Trust (NYSE:VVR) was the recipient of a large growth in short interest during 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 presently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VVR. Chicago Partners Investment Group LLC acquired a new position in shares of Invesco Senior Income Trust during the 3rd quarter worth approximately $127,000. Verity Asset Management Inc. lifted its holdings in Invesco Senior Income Trust by 24.2% during the 3rd quarter. Verity Asset Management Inc. now owns 304,158 shares of the investment management company’s stock valued at $879,000 after purchasing an additional 59,289 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in Invesco Senior Income Trust during the third quarter worth $61,000. Blue Bell Private Wealth Management LLC bought a new position in Invesco Senior Income Trust during the third quarter worth $278,000. Finally, Wedbush Securities Inc. boosted its position in 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 purchasing an additional 5,000 shares during the period.

Invesco Senior Income Trust Trading Down 0.7%

Shares of Invesco Senior Income Trust stock traded down $0.02 during trading hours on Friday, reaching $2.86. 728,873 shares of the company’s stock were exchanged, compared to its average volume of 821,300. The company has a 50 day moving average of $2.89 and a two-hundred day moving average of $3.04. Invesco Senior Income Trust has a fifty-two week low of $2.80 and a fifty-two week high of $3.38.

Invesco Senior Income Trust Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 14th were issued a dividend of $0.0290 per share. The ex-dividend date was Wednesday, October 14th. This is a boost from Invesco Senior Income Trust’s previous monthly dividend of $0.0290. This represents a $0.35 annualized dividend and a yield of 12.2%.

Invesco Senior Income Trust Company Profile

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.