Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Up 99.2% in May

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJVGet Free Report) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 55,819 shares, an increase of 99.2% from the May 14th total of 28,024 shares. Based on an average daily trading volume, of 20,501 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.7% of the company’s shares are short sold.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Performance

Invesco BulletShares 2031 High Yield Corporate Bond ETF stock traded down $0.03 during trading on Friday, reaching $26.27. 7,219 shares of the company were exchanged, compared to its average volume of 20,147. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 52-week low of $25.66 and a 52-week high of $26.96. The stock’s 50 day simple moving average is $26.28 and its two-hundred day simple moving average is $26.46.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.1489 per share. This represents a c) annualized dividend and a yield of 6.8%. This is a positive change from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, May 18th.

Institutional Investors Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter worth $29,000. Kestra Advisory Services LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter worth $32,000. Bank of Montreal Can acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter worth $37,000. Commonwealth Equity Services LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter worth $202,000. Finally, IMA Advisory Services Inc. increased its stake in 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 worth $207,000 after acquiring an additional 1,506 shares during the last quarter.

About Invesco BulletShares 2031 High Yield Corporate Bond ETF

(Get Free Report)

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.

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