Short Interest in InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Declines By 91.0%

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,900 shares, a drop of 91.0% from the February 13th total of 21,100 shares. Based on an average daily volume of 8,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On InvescoBulletShares2031 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSJV. Strategic Financial Concepts LLC acquired a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the fourth quarter worth $3,028,000. Raymond James Financial Inc. acquired a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF during the fourth quarter worth $1,638,000. Cetera Investment Advisers acquired a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF during the fourth quarter worth $923,000. HUB Investment Partners LLC acquired a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF during the fourth quarter worth $246,000. Finally, LPL Financial LLC boosted its stake in InvescoBulletShares2031 High Yield Corporate Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 188,965 shares of the company’s stock worth $4,922,000 after buying an additional 9,077 shares in the last quarter.

InvescoBulletShares2031 High Yield Corporate Bond ETF Trading Down 0.2 %

BSJV stock traded down $0.06 during midday trading on Wednesday, hitting $26.11. 7,153 shares of the company traded hands, compared to its average volume of 9,390. InvescoBulletShares2031 High Yield Corporate Bond ETF has a twelve month low of $25.45 and a twelve month high of $27.65. The business has a 50 day simple moving average of $26.35 and a 200-day simple moving average of $26.51.

InvescoBulletShares2031 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.145 per share. The ex-dividend date of this dividend was Monday, February 24th.

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.