Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Up 282.5% in August

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 103,446 shares, an increase of 282.5% from the July 30th total of 27,048 shares. Approximately 2.5% of the company’s shares are short sold. Based on an average trading volume of 67,120 shares, the short-interest ratio is currently 1.5 days.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Price Performance

Shares of BSJV stock traded down $0.06 during mid-day trading on Friday, reaching $25.92. The stock had a trading volume of 9,056 shares, compared to its average volume of 26,183. The stock’s 50-day moving average price is $26.10 and its two-hundred day moving average price is $26.24. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52-week low of $25.66 and a 52-week high of $26.96.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 24th will be paid a $0.1472 dividend. The ex-dividend date of this dividend is Monday, August 24th. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 6.8%.

Institutional Inflows and Outflows

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

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.