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

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 25,689 shares, a growth of 36.7% from the March 31st total of 18,792 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 12,871 shares, the days-to-cover ratio is presently 2.0 days.

Hedge Funds Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

A number of hedge funds have recently modified their holdings of BSJV. Ascentis Independent Advisors bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the first quarter worth about $343,000. Equitable Holdings Inc. boosted its stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 99.5% in the fourth quarter. Equitable Holdings Inc. now owns 241,455 shares of the company’s stock worth $6,447,000 after acquiring an additional 120,407 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 18.8% in the fourth quarter. Osaic Holdings Inc. now owns 29,297 shares of the company’s stock worth $782,000 after acquiring an additional 4,627 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter worth about $32,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter worth about $202,000.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Performance

NASDAQ BSJV traded up $0.09 during trading hours on Thursday, hitting $26.32. 3,584 shares of the company’s stock traded hands, compared to its average volume of 20,547. The business’s fifty day moving average price is $26.29 and its two-hundred day moving average price is $26.52. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52 week low of $25.66 and a 52 week high of $28.06.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were given a $0.1448 dividend. The ex-dividend date was Monday, April 20th.

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.