Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Update

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

Institutional Trading of Invesco BulletShares 2031 High Yield Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Jessup Wealth Management Inc acquired a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth approximately $806,000. SFE Investment Counsel increased its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 34.3% in the first quarter. SFE Investment Counsel now owns 91,804 shares of the company’s stock valued at $2,386,000 after purchasing an additional 23,456 shares during the last quarter. Carnegie Investment Counsel acquired a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the first quarter valued at approximately $1,167,000. Royal Bank of Canada lifted its position in 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 worth $1,246,000 after buying an additional 2,074 shares in the last quarter. Finally, IMA Advisory Services Inc. lifted its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 22.0% during the first quarter. IMA Advisory Services Inc. now owns 9,440 shares of the company’s stock worth $245,000 after buying an additional 1,704 shares in the last quarter.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Up 0.0%

Invesco BulletShares 2031 High Yield Corporate Bond ETF stock opened at $26.00 on Thursday. The company has a fifty day simple moving average of $26.11 and a 200-day simple moving average of $26.25. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52-week low of $25.66 and a 52-week high of $26.96.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 24th will be given a dividend of $0.1472 per share. The ex-dividend date is Monday, August 24th. This is a boost 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 yield of 6.8%.

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.