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

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the recipient of a large growth in short interest in 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 volume of 10,400 shares, the short-interest ratio is presently 1.0 days.

InvescoBulletShares2031 High Yield Corporate Bond ETF Trading Down 0.4 %

InvescoBulletShares2031 High Yield Corporate Bond ETF stock traded down $0.11 during mid-day trading on Tuesday, reaching $26.48. 15,059 shares of the company traded hands, compared to its average volume of 10,096. The firm’s fifty day moving average is $26.73 and its two-hundred day moving average is $26.40. InvescoBulletShares2031 High Yield Corporate Bond ETF has a fifty-two week low of $24.81 and a fifty-two week high of $27.23.

InvescoBulletShares2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were issued a $0.147 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.66%. This is a boost from InvescoBulletShares2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, October 21st.

Institutional Investors Weigh In On InvescoBulletShares2031 High Yield Corporate Bond ETF

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

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.