INV VK HI INC2 (NYSE:VLT) Short Interest Update

INV VK HI INC2 (NYSE:VLT) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 52,729 shares, an increase of 208.3% from the May 14th total of 17,104 shares. Based on an average daily trading volume, of 24,228 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.8% of the shares of the stock are short sold.

INV VK HI INC2 Stock Up 0.5%

Shares of VLT opened at $10.47 on Friday. INV VK HI INC2 has a 1 year low of $9.85 and a 1 year high of $11.43. The company has a 50 day simple moving average of $10.41 and a two-hundred day simple moving average of $10.74.

INV VK HI INC2 Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0915 per share. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Investors Weigh In On INV VK HI INC2

Institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its holdings in shares of INV VK HI INC2 by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 73,455 shares of the financial services provider’s stock valued at $824,000 after purchasing an additional 1,969 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of INV VK HI INC2 by 1,676.0% in the fourth quarter. CoreCap Advisors LLC now owns 11,668 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 11,011 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of INV VK HI INC2 by 83.2% in the first quarter. Cetera Investment Advisers now owns 28,191 shares of the financial services provider’s stock valued at $285,000 after purchasing an additional 12,802 shares in the last quarter. Fiera Capital Corp grew its holdings in shares of INV VK HI INC2 by 36.5% in the third quarter. Fiera Capital Corp now owns 57,564 shares of the financial services provider’s stock valued at $646,000 after purchasing an additional 15,401 shares in the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in shares of INV VK HI INC2 in the third quarter valued at $342,000. 21.63% of the stock is owned by hedge funds and other institutional investors.

INV VK HI INC2 Company Profile

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. It invests in the fixed income markets. The fund seeks to invest in securities rated between BB and C by Standard and Poor's. It seeks to maintain an average duration of around three to four years for its portfolio.