Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Down 64.5% in February

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a large decline in short interest during 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. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 20,714 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 20,714 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2031 High Yield Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% in the 1st 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 last quarter. Key Financial Inc raised its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 127.4% in 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 acquired a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the 2nd quarter valued at $336,000. Raymond James Financial Inc. boosted its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 12.2% during the second 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 last quarter. Finally, Bank of America Corp DE increased its stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 448.5% during the 2nd quarter. Bank of America Corp DE now owns 11,331 shares of the company’s stock valued at $302,000 after acquiring an additional 9,265 shares during the last quarter.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Price Performance

BSJV stock traded down $0.03 during trading on Friday, hitting $26.57. 7,695 shares of the company’s stock were exchanged, compared to its average volume of 25,539. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52-week low of $24.74 and a 52-week high of $28.06. The business has a 50-day moving average price of $26.71 and a two-hundred day moving average price of $26.66.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be given a $0.1321 dividend. The ex-dividend date is Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

About Invesco BulletShares 2031 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.