Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Stock Short Interest Climbs 166.2%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 48,340 shares, an increase of 166.2% from the October 15th total of 18,162 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 177,967 shares, the short-interest ratio is presently 0.3 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

NASDAQ:BSJR opened at $22.02 on Friday. The stock has a 50 day simple moving average of $22.18 and a 200 day simple moving average of $22.37. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $22.00 and a 1-year high of $22.70.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a dividend of $0.0978 per share. This represents a $1.17 annualized dividend and a yield of 5.3%. The ex-dividend date was Monday, October 19th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Private Advisor Group LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $2,051,000. Legacy Financial Group LLC bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter worth about $1,637,000. Vermillion & White Wealth Management Group LLC bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter worth about $532,000. Alaska Wealth Advisors LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth about $249,000. Finally, Alaska Permanent Capital Management LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth about $123,000.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.