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

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 103,446 shares, a growth of 282.5% from the July 30th total of 27,048 shares. Based on an average daily trading volume, of 67,120 shares, the short-interest ratio is currently 1.5 days. Currently, 2.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BSJV. Equitable Holdings Inc. lifted its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 99.5% in the 4th quarter. Equitable Holdings Inc. now owns 241,455 shares of the company’s stock valued at $6,447,000 after buying an additional 120,407 shares in the last quarter. SFE Investment Counsel boosted its holdings in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 34.3% in the 1st quarter. SFE Investment Counsel now owns 91,804 shares of the company’s stock worth $2,386,000 after buying an additional 23,456 shares during the last quarter. Raymond James Financial Inc. increased its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 12.2% during the 2nd quarter. Raymond James Financial Inc. now owns 74,155 shares of the company’s stock worth $1,978,000 after buying an additional 8,064 shares in the last quarter. Jane Street Group LLC increased its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% during the 1st quarter. Jane Street Group LLC now owns 68,301 shares of the company’s stock worth $1,778,000 after buying an additional 37,629 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 4.5% during the first quarter. Royal Bank of Canada now owns 47,939 shares of the company’s stock valued at $1,246,000 after acquiring an additional 2,074 shares during the last quarter.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Price Performance

Invesco BulletShares 2031 High Yield Corporate Bond ETF stock opened at $25.94 on Friday. The company’s fifty day moving average price is $26.09 and its 200 day moving average price is $26.24. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 1 year low of $25.66 and a 1 year high of $26.96.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a $0.1472 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. This is a positive change from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, August 24th.

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.