Short Interest in Invesco Senior Income Trust (NYSE:VVR) Drops By 66.8%

Invesco Senior Income Trust (NYSE:VVR) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 65,547 shares, a decrease of 66.8% from the May 14th total of 197,363 shares. Based on an average daily trading volume, of 1,229,326 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Senior Income Trust Price Performance

NYSE VVR opened at $3.00 on Thursday. Invesco Senior Income Trust has a 12 month low of $2.93 and a 12 month high of $3.83. The stock has a 50 day moving average of $3.07 and a 200-day moving average of $3.18.

Invesco Senior Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.029 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a yield of 11.6%.

Institutional Investors Weigh In On Invesco Senior Income Trust

Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new position in Invesco Senior Income Trust during the 4th quarter worth $25,000. Choreo LLC bought a new position in shares of Invesco Senior Income Trust in the fourth quarter worth $37,000. Integrity Advisory Solutions LLC bought a new position in shares of Invesco Senior Income Trust in the fourth quarter worth $38,000. Oppenheimer & Co. Inc. bought a new position in Invesco Senior Income Trust in the third quarter valued at about $47,000. Finally, Allworth Financial LP grew its position in Invesco Senior Income Trust by 65.7% in the third quarter. Allworth Financial LP now owns 16,400 shares of the investment management company’s stock valued at $57,000 after acquiring an additional 6,500 shares during the last quarter.

About Invesco Senior Income Trust

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.