Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Up 99.2% in May

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 55,819 shares, a growth of 99.2% from the May 14th total of 28,024 shares. Based on an average daily trading volume, of 20,501 shares, the short-interest ratio is presently 2.7 days. Approximately 1.7% of the shares of the stock are sold short.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter worth approximately $29,000. Kestra Advisory Services LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $32,000. Bank of Montreal Can acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $37,000. Commonwealth Equity Services LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $202,000. Finally, IMA Advisory Services Inc. boosted its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 24.2% during the 4th quarter. IMA Advisory Services Inc. now owns 7,736 shares of the company’s stock worth $207,000 after acquiring an additional 1,506 shares during the period.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Up 0.5%

Shares of BSJV traded up $0.13 during midday trading on Monday, reaching $26.40. The stock had a trading volume of 5,591 shares, compared to its average volume of 20,017. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52 week low of $25.66 and a 52 week high of $26.96. The firm’s 50 day moving average price is $26.28 and its 200-day moving average price is $26.46.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a dividend of $0.1489 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, May 18th.

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.