Short Interest in Invesco High Income Trust II (NYSE:VLT) Decreases By 24.0%

Invesco High Income Trust II (NYSE:VLT) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 19,000 shares, a decline of 24.0% from the December 15th total of 25,000 shares. Based on an average daily volume of 19,900 shares, the short-interest ratio is presently 1.0 days.

Invesco High Income Trust II Price Performance

NYSE:VLT traded up $0.08 during mid-day trading on Wednesday, hitting $11.06. 77,359 shares of the company’s stock traded hands, compared to its average volume of 31,651. The firm has a 50 day moving average of $11.21 and a two-hundred day moving average of $11.16. Invesco High Income Trust II has a 12 month low of $10.09 and a 12 month high of $11.63.

Invesco High Income Trust II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a $0.0964 dividend. The ex-dividend date is Friday, January 17th. This represents a $1.16 annualized dividend and a dividend yield of 10.46%.

Institutional Investors Weigh In On Invesco High Income Trust II

A hedge fund recently raised its stake in Invesco High Income Trust II stock. Park Avenue Securities LLC grew its stake in Invesco High Income Trust II (NYSE:VLT) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,871 shares of the financial services provider’s stock after purchasing an additional 4,160 shares during the period. Park Avenue Securities LLC’s holdings in Invesco High Income Trust II were worth $733,000 as of its most recent SEC filing. Institutional investors own 21.63% of the company’s stock.

About Invesco High Income Trust II

Invesco High Income Trust II is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.