Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Expands By 218.8%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 147,934 shares, a growth of 218.8% from the July 15th total of 46,406 shares. Based on an average trading volume of 88,586 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in BSJU. Legacy Financial Group LLC increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 20.1% in the fourth quarter. Legacy Financial Group LLC now owns 545,664 shares of the company’s stock valued at $14,225,000 after buying an additional 91,260 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 7.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 394,064 shares of the company’s stock worth $10,287,000 after acquiring an additional 26,870 shares during the period. Trinity Legacy Partners LLC lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.3% in the fourth quarter. Trinity Legacy Partners LLC now owns 352,132 shares of the company’s stock worth $9,192,000 after acquiring an additional 7,752 shares during the period. RPg Family Wealth Advisory LLC boosted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 1.7% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 299,517 shares of the company’s stock valued at $7,819,000 after acquiring an additional 4,966 shares during the last quarter. Finally, Equitable Holdings Inc. boosted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 3.3% in the fourth quarter. Equitable Holdings Inc. now owns 264,456 shares of the company’s stock valued at $6,904,000 after acquiring an additional 8,335 shares during the last quarter.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of BSJU stock traded up $0.06 during trading hours on Thursday, hitting $25.87. 33,499 shares of the company’s stock traded hands, compared to its average volume of 67,253. The stock’s 50 day simple moving average is $25.77 and its 200 day simple moving average is $25.84. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12 month low of $25.22 and a 12 month high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.1477 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Monday, July 20th.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.