Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Down 51.2% in March

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 18,792 shares, a drop of 51.2% from the March 15th total of 38,497 shares. Based on an average trading volume of 11,939 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BSJV. Farther Finance Advisors LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter valued at $29,000. Kestra Advisory Services LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter valued at $32,000. Bank of Montreal Can bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter valued at $37,000. Alaska Permanent Capital Management LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 3rd quarter valued at $200,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter valued at $202,000.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Trading Down 0.4%

NASDAQ BSJV opened at $26.32 on Friday. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 12 month low of $24.97 and a 12 month high of $28.06. The company’s 50 day simple moving average is $26.38 and its 200 day simple moving average is $26.55.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.1359 per share. The ex-dividend date was Monday, March 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. This is an increase from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13.

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.