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

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 55,819 shares, an increase of 99.2% from the May 14th total of 28,024 shares. Approximately 1.7% of the shares of the company are sold short. Based on an average trading volume of 20,501 shares, the days-to-cover ratio is presently 2.7 days.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJV traded up $0.04 during trading on Tuesday, reaching $26.42. 29,563 shares of the company traded hands, compared to its average volume of 20,110. The firm has a 50 day simple moving average of $26.29 and a 200-day simple moving average of $26.46. 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 disclosed a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.1489 dividend. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change 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 6.8%.

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

A number of institutional investors and hedge funds have recently made changes to their positions in BSJV. Jane Street Group LLC boosted its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% in the first quarter. Jane Street Group LLC now owns 68,301 shares of the company’s stock worth $1,778,000 after buying an additional 37,629 shares during the last quarter. Raymond James Financial Inc. boosted 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 buying an additional 8,064 shares during the last quarter. Bank of America Corp DE boosted 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 buying an additional 9,265 shares during the last quarter. Osaic Holdings Inc. boosted its holdings 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 during the last quarter. Finally, Modern Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the third quarter worth approximately $351,000.

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.