InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Short Interest Up 359.1% in October

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 daily trading volume, of 10,400 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On InvescoBulletShares2031 High Yield Corporate Bond ETF

A number of large investors have recently made changes to their positions in BSJV. Key Financial Inc purchased a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $73,000. MONECO Advisors LLC acquired a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the 2nd quarter worth approximately $354,000. 4Thought Financial Group Inc. grew 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 purchasing an additional 1,472 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $359,000.

InvescoBulletShares2031 High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of BSJV stock traded up $0.03 during trading hours on Wednesday, reaching $26.51. 382 shares of the stock were exchanged, compared to its average volume of 10,051. The business’s fifty day moving average is $26.72 and its two-hundred day moving average is $26.40. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 12-month low of $25.04 and a 12-month high of $27.23.

InvescoBulletShares2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a dividend of $0.147 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.65%. This is an increase from InvescoBulletShares2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Monday, October 21st.

InvescoBulletShares2031 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.