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 significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 38,497 shares, an increase of 224.2% from the February 26th total of 11,875 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 25,441 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 25,441 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.3% of the company’s shares are sold short.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Trading Down 0.6%

BSJV stock opened at $25.86 on Wednesday. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a twelve month low of $24.74 and a twelve month high of $28.06. The firm’s fifty day simple moving average is $26.55 and its two-hundred day simple moving average is $26.61.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be paid a dividend of $0.1359 per share. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13.

Institutional Trading of Invesco BulletShares 2031 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSJV. Equitable Holdings Inc. lifted its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 99.5% in the fourth quarter. Equitable Holdings Inc. now owns 241,455 shares of the company’s stock worth $6,447,000 after purchasing an additional 120,407 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 18.8% during the fourth quarter. Osaic Holdings Inc. now owns 29,297 shares of the company’s stock valued at $782,000 after buying an additional 4,627 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter worth approximately $32,000. Commonwealth Equity Services LLC purchased a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter worth approximately $202,000. Finally, Bank of Montreal Can bought a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth approximately $37,000.

About Invesco BulletShares 2031 High Yield Corporate Bond ETF

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.