InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Sees Significant Increase in Short Interest

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,200 shares, a growth of 340.0% from the September 30th total of 500 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On InvescoBulletShares2031 High Yield Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Key Financial Inc purchased a new position in InvescoBulletShares2031 High Yield Corporate Bond ETF during the second quarter worth $73,000. MONECO Advisors LLC bought a new position in InvescoBulletShares2031 High Yield Corporate Bond ETF in the second quarter worth about $354,000. 4Thought Financial Group Inc. grew its stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF by 12.0% during the second quarter. 4Thought Financial Group Inc. now owns 13,706 shares of the company’s stock worth $357,000 after acquiring an additional 1,472 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF during the third quarter worth about $359,000.

InvescoBulletShares2031 High Yield Corporate Bond ETF Price Performance

BSJV traded down $0.17 during midday trading on Friday, hitting $26.33. 182,398 shares of the company traded hands, compared to its average volume of 10,338. The company’s 50-day moving average is $26.79 and its 200 day moving average is $26.34. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 52 week low of $23.90 and a 52 week high of $27.23.

InvescoBulletShares2031 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a dividend of $0.147 per share. This is a boost from InvescoBulletShares2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.76 dividend on an annualized basis and a yield of 6.70%.

InvescoBulletShares2031 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.