Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Sees Significant Increase in Short Interest

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 65,393 shares, an increase of 275.2% from the December 15th total of 17,431 shares. Currently, 2.4% of the shares of the stock are sold short. Based on an average trading volume of 42,099 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 42,099 shares, the short-interest ratio is presently 1.6 days. Currently, 2.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Key Financial Inc boosted its position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 127.4% during the 2nd quarter. Key Financial Inc now owns 6,400 shares of the company’s stock valued at $171,000 after purchasing an additional 3,585 shares in the last quarter. Alaska Permanent Capital Management LLC bought a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the third quarter worth approximately $200,000. Bank of America Corp DE grew its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 448.5% in the second quarter. Bank of America Corp DE now owns 11,331 shares of the company’s stock worth $302,000 after buying an additional 9,265 shares during the last quarter. VestGen Advisors LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the second quarter valued at $336,000. Finally, Modern Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 3rd quarter valued at $351,000.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJV traded down $0.02 during mid-day trading on Tuesday, reaching $26.79. 8,256 shares of the company traded hands, compared to its average volume of 37,053. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a fifty-two week low of $24.74 and a fifty-two week high of $28.06. The stock has a fifty day simple moving average of $26.60 and a 200-day simple moving average of $26.62.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.1624 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield corporate bonds with effective maturities in 2031. BSJV was launched on Sep 20, 2023 and is issued by Invesco.