Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Up 275.2% in December

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 65,393 shares, an increase of 275.2% from the December 15th total of 17,431 shares. Currently, 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 42,099 shares, the short-interest ratio is currently 1.6 days. Based on an average daily trading volume, of 42,099 shares, the short-interest ratio is currently 1.6 days. Currently, 2.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Key Financial Inc increased its position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 127.4% in the 2nd quarter. Key Financial Inc now owns 6,400 shares of the company’s stock worth $171,000 after purchasing an additional 3,585 shares during the last quarter. Alaska Permanent Capital Management LLC acquired a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the third quarter worth about $200,000. Bank of America Corp DE increased its holdings in 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 buying an additional 9,265 shares during the last quarter. VestGen Advisors LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the second quarter valued at approximately $336,000. Finally, Modern Wealth Management LLC bought a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $351,000.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:BSJV traded down $0.02 during trading on Tuesday, hitting $26.79. The company’s stock had a trading volume of 8,256 shares, compared to its average volume of 37,053. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a fifty-two week low of $24.74 and a fifty-two week high of $28.06. The stock’s 50-day moving average price is $26.60 and its two-hundred day moving average price is $26.62.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.1624 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

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.