Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Growth in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 56,427 shares, a growth of 84.9% from the September 15th total of 30,524 shares. Based on an average trading volume of 135,824 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Intrua Financial LLC bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 1st quarter worth approximately $1,206,000. Oder Investment Management LLC lifted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 49.4% during the first quarter. Oder Investment Management LLC now owns 116,076 shares of the company’s stock valued at $2,517,000 after purchasing an additional 38,401 shares during the last quarter. Parkway Wealth Management Group LLC lifted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 14.4% during the first quarter. Parkway Wealth Management Group LLC now owns 465,029 shares of the company’s stock valued at $10,173,000 after purchasing an additional 58,517 shares during the last quarter. Independent Wealth Advisors LLC lifted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 64.0% during the first quarter. Independent Wealth Advisors LLC now owns 68,091 shares of the company’s stock valued at $1,477,000 after purchasing an additional 26,566 shares during the last quarter. Finally, Horizons Wealth Management bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the third quarter worth approximately $697,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

NASDAQ:BSJS traded down $0.05 during midday trading on Friday, hitting $21.52. 107,436 shares of the stock were exchanged, compared to its average volume of 151,847. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a one year low of $21.37 and a one year high of $22.11. The business has a 50-day moving average price of $21.66 and a two-hundred day moving average price of $21.75.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.1046 dividend. This represents a $1.26 annualized dividend and a dividend yield of 5.8%. This is a negative change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1086. The ex-dividend date was Monday, September 21st.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.