Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Down 68.0% in August

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 33,122 shares, a drop of 68.0% from the August 15th total of 103,446 shares. Based on an average daily volume of 35,996 shares, the short-interest ratio is currently 0.9 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC raised its position 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 purchasing an additional 37,629 shares during the last quarter. Raymond James Financial Inc. boosted 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 valued at $1,978,000 after purchasing an additional 8,064 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of 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 valued at $302,000 after purchasing an additional 9,265 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 101.2% during the second quarter. Osaic Holdings Inc. now owns 20,998 shares of the company’s stock worth $560,000 after acquiring an additional 10,561 shares during the period. Finally, Equitable Holdings Inc. grew its position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 158.2% during the 3rd quarter. Equitable Holdings Inc. now owns 121,048 shares of the company’s stock valued at $3,243,000 after acquiring an additional 74,174 shares during the period.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Price Performance

BSJV traded up $0.06 during trading on Friday, reaching $25.73. 7,677 shares of the company’s stock were exchanged, compared to its average volume of 26,229. The company’s fifty day moving average price is $26.02 and its 200-day moving average price is $26.18. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a fifty-two week low of $25.58 and a fifty-two week high of $26.96.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a $0.1472 dividend. The ex-dividend date of this dividend was Monday, August 24th. This is a positive change from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

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.