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

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 10,100 shares, a growth of 359.1% from the October 15th total of 2,200 shares. Based on an average daily trading volume, of 10,400 shares, the days-to-cover ratio is presently 1.0 days.

InvescoBulletShares2031 High Yield Corporate Bond ETF Price Performance

InvescoBulletShares2031 High Yield Corporate Bond ETF stock traded down $0.01 during midday trading on Thursday, hitting $26.49. The company’s stock had a trading volume of 901 shares, compared to its average volume of 10,014. The company has a 50-day moving average price of $26.72 and a two-hundred day moving average price of $26.40. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 1-year low of $25.04 and a 1-year high of $27.23.

InvescoBulletShares2031 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a dividend of $0.147 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.76 annualized dividend and a dividend yield of 6.66%. This is a positive change from InvescoBulletShares2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13.

Institutional Trading of InvescoBulletShares2031 High Yield Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Key Financial Inc purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the 2nd quarter valued at about $73,000. MONECO Advisors LLC purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the 2nd quarter valued at about $354,000. 4Thought Financial Group Inc. boosted its holdings in InvescoBulletShares2031 High Yield Corporate Bond ETF by 12.0% in the second quarter. 4Thought Financial Group Inc. now owns 13,706 shares of the company’s stock valued at $357,000 after purchasing an additional 1,472 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the third quarter valued at $359,000.

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.