Short Interest in InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Expands By 2,328.6%

by · The Cerbat Gem

InvescoBulletShares2031 High Yield Corporate Bond ETF (NASDAQ:BSJV – Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 17,000 shares, an increase of 2,328.6% from the March 31st total of 700 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is currently 2.0 days.

InvescoBulletShares2031 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJV opened at $26.00 on Monday. InvescoBulletShares2031 High Yield Corporate Bond ETF has a 52 week low of $24.74 and a 52 week high of $27.74. The firm has a 50 day simple moving average of $25.99 and a 200 day simple moving average of $26.26.

InvescoBulletShares2031 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 21st were given a $0.137 dividend. The ex-dividend date was Monday, April 21st. This is an increase from InvescoBulletShares2031 High Yield Corporate Bond ETF’s previous dividend of $0.13.

Institutional Investors Weigh In On InvescoBulletShares2031 High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of InvescoBulletShares2031 High Yield Corporate Bond ETF in the 1st quarter valued at approximately $314,000. Cetera Investment Advisers purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the 4th quarter worth approximately $923,000. Ancora Advisors LLC purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the 4th quarter worth approximately $34,000. Raymond James Financial Inc. purchased a new stake in InvescoBulletShares2031 High Yield Corporate Bond ETF in the 4th quarter worth approximately $1,638,000. Finally, LPL Financial LLC lifted its position in InvescoBulletShares2031 High Yield Corporate Bond ETF by 5.0% in the 4th 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 Company Profile

(Get Free Report)

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.

See Also