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

Invesco Senior Income Trust (NYSE:VVR) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 174,143 shares, a decline of 73.6% from the July 15th total of 659,739 shares. Based on an average daily trading volume, of 680,069 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Senior Income Trust Trading Up 0.2%

VVR stock traded up $0.01 during mid-day trading on Friday, reaching $2.98. 492,326 shares of the stock traded hands, compared to its average volume of 838,536. Invesco Senior Income Trust has a one year low of $2.93 and a one year high of $3.67. The business has a 50-day moving average price of $2.98 and a two-hundred day moving average price of $3.08.

Invesco Senior Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a dividend of $0.029 per share. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date is Monday, August 17th.

Institutional Trading of Invesco Senior Income Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. boosted its position in shares of Invesco Senior Income Trust by 24.5% during the second quarter. Invesco Ltd. now owns 1,607,777 shares of the investment management company’s stock valued at $6,110,000 after buying an additional 315,969 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Invesco Senior Income Trust by 819.7% in the second quarter. EverSource Wealth Advisors LLC now owns 22,992 shares of the investment management company’s stock worth $87,000 after buying an additional 20,492 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Invesco Senior Income Trust by 180.5% in the second quarter. NewEdge Advisors LLC now owns 134,437 shares of the investment management company’s stock worth $511,000 after buying an additional 86,511 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Invesco Senior Income Trust by 0.9% during the 2nd quarter. Raymond James Financial Inc. now owns 438,005 shares of the investment management company’s stock worth $1,664,000 after acquiring an additional 3,762 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Invesco Senior Income Trust during the 2nd quarter worth approximately $157,000.

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.