InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Update

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 10,100 shares, a growth of 359.1% from the October 15th total of 2,200 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MONECO Advisors LLC raised its position in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF by 111.0% in the third quarter. MONECO Advisors LLC now owns 28,733 shares of the company’s stock worth $773,000 after acquiring an additional 15,117 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the third quarter valued at $359,000. Key Financial Inc acquired a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the second quarter worth approximately $73,000. Finally, 4Thought Financial Group Inc. raised 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 valued at $357,000 after acquiring an additional 1,472 shares during the period.

InvescoBulletShares2031 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJV traded down $0.01 during trading hours on Thursday, hitting $26.49. The company had a trading volume of 901 shares, compared to its average volume of 10,014. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 52 week low of $25.04 and a 52 week high of $27.23. The stock has a 50-day moving average price of $26.72 and a 200 day moving average price of $26.40.

InvescoBulletShares2031 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were issued a dividend of $0.147 per share. This represents a $1.76 annualized dividend and a dividend yield of 6.66%. This is a boost from InvescoBulletShares2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, October 21st.

About InvescoBulletShares2031 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.