Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Up 99.2% in May

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 55,819 shares, a growth of 99.2% from the May 14th total of 28,024 shares. Based on an average daily trading volume, of 20,501 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.7% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $29,000. Kestra Advisory Services LLC purchased a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $32,000. Bank of Montreal Can purchased a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $37,000. Commonwealth Equity Services LLC purchased a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $202,000. Finally, IMA Advisory Services Inc. lifted its holdings in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 24.2% during the 4th quarter. IMA Advisory Services Inc. now owns 7,736 shares of the company’s stock worth $207,000 after buying an additional 1,506 shares during the last quarter.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ BSJV traded down $0.03 during trading on Friday, reaching $26.27. The stock had a trading volume of 7,219 shares, compared to its average volume of 20,147. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a fifty-two week low of $25.66 and a fifty-two week high of $26.96. The business’s 50-day moving average price is $26.28 and its 200-day moving average price is $26.46.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were paid a dividend of $0.1489 per share. This represents a c) annualized dividend and a yield of 6.8%. 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.

Invesco BulletShares 2031 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.