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 growth in short interest during the month of March. As of March 13th, there was short interest totaling 38,497 shares, a growth of 224.2% from the February 26th total of 11,875 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average trading volume of 25,441 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 25,441 shares, the days-to-cover ratio is currently 1.5 days. Currently, 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 business’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 business also recently declared a monthly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be issued a $0.1359 dividend. The ex-dividend date is Monday, March 23rd. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSJV. Farther Finance Advisors LLC bought a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the 4th quarter worth about $29,000. Kestra Advisory Services LLC purchased a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter worth approximately $32,000. Bank of Montreal Can bought a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $37,000. Alaska Permanent Capital Management LLC bought a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the third quarter valued at approximately $200,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $202,000.

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.