Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Large Growth in Short Interest

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 336,300 shares, an increase of 94.4% from the March 31st total of 173,000 shares. Based on an average trading volume of 265,100 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Invesco BulletShares 2025 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSJP. Mirador Capital Partners LP raised its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 2,316.6% during the 4th quarter. Mirador Capital Partners LP now owns 921,758 shares of the company’s stock worth $20,952,000 after buying an additional 883,616 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the 4th quarter worth approximately $17,097,000. Legacy Financial Group LLC raised its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 3,237.4% during the 1st quarter. Legacy Financial Group LLC now owns 628,474 shares of the company’s stock worth $14,423,000 after buying an additional 609,643 shares in the last quarter. Wright Fund Management LLC purchased a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $12,380,000. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 439.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 391,829 shares of the company’s stock worth $8,906,000 after buying an additional 319,253 shares in the last quarter.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ BSJP traded up $0.03 during trading hours on Friday, reaching $22.90. The stock had a trading volume of 183,773 shares, compared to its average volume of 270,260. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a fifty-two week low of $22.16 and a fifty-two week high of $23.05. The firm has a 50-day moving average of $22.91 and a 200-day moving average of $22.76.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were paid a dividend of $0.1095 per share. This represents a $1.31 annualized dividend and a yield of 5.74%. The ex-dividend date was Monday, April 22nd.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.