Short Interest in InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Increases By 320.0%

Posted by Dante Gardener on Sep 27th, 2024

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 4,200 shares, a growth of 320.0% from the August 31st total of 1,000 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is currently 0.5 days.

InvescoBulletShares2031 High Yield Corporate Bond ETF Stock Down 0.3 %

BSJV opened at $26.99 on Friday. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 52 week low of $23.83 and a 52 week high of $27.23. The business has a 50 day moving average price of $26.64 and a two-hundred day moving average price of $26.25.

InvescoBulletShares2031 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 27th. Stockholders of record on Monday, September 23rd will be paid a dividend of $0.13 per share. This represents a $1.56 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Monday, September 23rd.

Institutional Investors Weigh In On InvescoBulletShares2031 High Yield Corporate Bond ETF

Several hedge funds have recently modified their holdings of the stock. 4Thought Financial Group Inc. lifted its stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF by 12.0% in the 2nd quarter. 4Thought Financial Group Inc. now owns 13,706 shares of the company’s stock worth $357,000 after acquiring an additional 1,472 shares during the period. Key Financial Inc purchased a new position in InvescoBulletShares2031 High Yield Corporate Bond ETF during the second quarter worth about $73,000. Finally, MONECO Advisors LLC purchased a new position in InvescoBulletShares2031 High Yield Corporate Bond ETF during the second quarter worth about $354,000.

InvescoBulletShares2031 High Yield Corporate Bond ETF Company Profile

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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.