Short Interest in Invesco High Income Trust II (NYSE:VLT) Increases By 145.0%

Invesco High Income Trust II (NYSE:VLT) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 4,900 shares, an increase of 145.0% from the December 15th total of 2,000 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is presently 0.3 days.

Invesco High Income Trust II stock opened at $14.30 on Friday. The firm has a 50 day simple moving average of $14.34 and a 200-day simple moving average of $14.66. Invesco High Income Trust II has a 1-year low of $13.33 and a 1-year high of $15.34.

The business also recently announced a monthly dividend, which will be paid on Monday, January 31st. Investors of record on Tuesday, January 18th will be given a $0.0964 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date of this dividend is Friday, January 14th.

A number of institutional investors have recently modified their holdings of VLT. FNY Investment Advisers LLC acquired a new position in Invesco High Income Trust II during the third quarter worth about $42,000. Morgan Stanley grew its holdings in Invesco High Income Trust II by 26.6% in the second quarter. Morgan Stanley now owns 3,969 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 833 shares during the period. Bank of America Corp DE lifted its position in shares of Invesco High Income Trust II by 42.9% during the second quarter. Bank of America Corp DE now owns 10,552 shares of the financial services provider’s stock worth $158,000 after purchasing an additional 3,167 shares in the last quarter. Integrated Capital Management Inc. lifted its position in shares of Invesco High Income Trust II by 9.5% during the second quarter. Integrated Capital Management Inc. now owns 11,000 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 955 shares in the last quarter. Finally, LPL Financial LLC acquired a new stake in Invesco High Income Trust II in the second quarter valued at $180,000. 15.62% of the stock is currently owned by institutional investors.

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.

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