InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Sees Large Growth in Short Interest

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,000 shares, an increase of 110.5% from the February 28th total of 1,900 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s stock are short sold.

InvescoBulletShares2031 High Yield Corporate Bond ETF Price Performance

InvescoBulletShares2031 High Yield Corporate Bond ETF stock opened at $26.01 on Friday. The company’s fifty day moving average price is $26.35 and its two-hundred day moving average price is $26.46. InvescoBulletShares2031 High Yield Corporate Bond ETF has a one year low of $25.45 and a one year high of $27.65.

InvescoBulletShares2031 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.132 dividend. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Ancora Advisors LLC acquired a new position in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF during the 4th quarter worth about $34,000. Geneos Wealth Management Inc. bought a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $99,000. HUB Investment Partners LLC acquired a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the fourth quarter worth $246,000. Cetera Investment Advisers bought a new position in InvescoBulletShares2031 High Yield Corporate Bond ETF during the fourth quarter worth $923,000. Finally, Raymond James Financial Inc. acquired a new position in InvescoBulletShares2031 High Yield Corporate Bond ETF during the 4th quarter valued at $1,638,000.

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.