Short Interest in InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Drops By 82.5%

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 700 shares, a decline of 82.5% from the March 15th total of 4,000 shares. Based on an average daily trading volume, of 8,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of InvescoBulletShares2031 High Yield Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC bought a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF during the 4th quarter valued at $3,028,000. Raymond James Financial Inc. purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the fourth quarter worth about $1,638,000. Cetera Investment Advisers bought a new position in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the fourth quarter worth about $923,000. HUB Investment Partners LLC bought a new position in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF during the 4th quarter valued at approximately $246,000. Finally, LPL Financial LLC increased its holdings in InvescoBulletShares2031 High Yield Corporate Bond ETF by 5.0% in the 4th quarter. LPL Financial LLC now owns 188,965 shares of the company’s stock worth $4,922,000 after acquiring an additional 9,077 shares in the last quarter.

InvescoBulletShares2031 High Yield Corporate Bond ETF Stock Up 0.5 %

BSJV stock traded up $0.12 during trading on Tuesday, reaching $25.55. The stock had a trading volume of 2,130 shares, compared to its average volume of 8,127. The stock’s 50 day moving average is $26.13 and its two-hundred day moving average is $26.33. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 52 week low of $24.74 and a 52 week high of $27.74.

InvescoBulletShares2031 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.132 dividend. The ex-dividend date was Monday, March 24th.

About InvescoBulletShares2031 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.