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

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

Hedge Funds Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC raised its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% in the 1st quarter. Jane Street Group LLC now owns 68,301 shares of the company’s stock valued at $1,778,000 after acquiring an additional 37,629 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 12.2% during the second quarter. Raymond James Financial Inc. now owns 74,155 shares of the company’s stock worth $1,978,000 after purchasing an additional 8,064 shares in the last quarter. Bank of America Corp DE increased its position 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 worth $302,000 after purchasing an additional 9,265 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 101.2% in the second quarter. Osaic Holdings Inc. now owns 20,998 shares of the company’s stock worth $560,000 after purchasing an additional 10,561 shares during the last quarter. Finally, Equitable Holdings Inc. raised its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 158.2% in the third quarter. Equitable Holdings Inc. now owns 121,048 shares of the company’s stock valued at $3,243,000 after purchasing an additional 74,174 shares in the last quarter.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Up 0.2%

NASDAQ:BSJV traded up $0.06 during trading hours on Friday, hitting $25.73. The stock had a trading volume of 7,677 shares, compared to its average volume of 26,229. The company has a 50 day simple moving average of $26.02 and a two-hundred day simple moving average of $26.18. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a one year low of $25.58 and a one year 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. Investors of record on Monday, August 24th were given a $0.1472 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, August 24th.

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.