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

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. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 35,996 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Invesco BulletShares 2031 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jane Street Group LLC lifted its stake in 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 worth $1,778,000 after purchasing an additional 37,629 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 12.2% in 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 during the period. Bank of America Corp DE increased 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 worth $302,000 after purchasing an additional 9,265 shares during the period. Osaic Holdings Inc. raised 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 buying an additional 10,561 shares in the last quarter. Finally, Equitable Holdings Inc. raised its position in shares of 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 worth $3,243,000 after buying an additional 74,174 shares in the last quarter.

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

BSJV stock traded up $0.01 during mid-day trading on Monday, reaching $25.68. 13,138 shares of the company traded hands, compared to its average volume of 26,151. The company has a fifty day moving average price of $26.02 and a 200-day moving average price of $26.17. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52-week low of $25.55 and a 52-week high of $26.96.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The company 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. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. This is an increase 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.