Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Sees Significant Decrease in Short Interest

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 12,179 shares, a decline of 64.5% from the January 29th total of 34,280 shares. Based on an average trading volume of 20,714 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 20,714 shares, the days-to-cover ratio is currently 0.6 days.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF stock opened at $26.61 on Thursday. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a twelve month low of $24.74 and a twelve month high of $28.06. The company’s 50 day moving average is $26.72 and its 200 day moving average is $26.66.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be issued a dividend of $0.1321 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Monday, February 23rd.

Institutional Trading of Invesco BulletShares 2031 High Yield Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC lifted its holdings in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% in the first quarter. Jane Street Group LLC now owns 68,301 shares of the company’s stock valued at $1,778,000 after acquiring an additional 37,629 shares during the period. Key Financial Inc increased its position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 127.4% during the 2nd quarter. Key Financial Inc now owns 6,400 shares of the company’s stock valued at $171,000 after purchasing an additional 3,585 shares during the last quarter. VestGen Advisors LLC purchased a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 2nd quarter valued at about $336,000. Raymond James Financial Inc. lifted its stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 12.2% in the 2nd quarter. Raymond James Financial Inc. now owns 74,155 shares of the company’s stock worth $1,978,000 after purchasing an additional 8,064 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 448.5% in the second quarter. Bank of America Corp DE now owns 11,331 shares of the company’s stock worth $302,000 after buying an additional 9,265 shares during the last quarter.

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.