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

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 105,442 shares, an increase of 44.4% from the December 31st total of 73,027 shares. Based on an average daily volume of 217,758 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 217,758 shares, the days-to-cover ratio is currently 0.5 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF stock opened at $22.00 on Friday. The firm has a fifty day simple moving average of $22.01 and a 200-day simple moving average of $22.02. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1-year low of $20.65 and a 1-year high of $22.24.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.1114 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in BSJS. Royal Bank of Canada increased its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.0% in the 1st quarter. Royal Bank of Canada now owns 190,363 shares of the company’s stock worth $4,119,000 after buying an additional 12,396 shares during the period. NewEdge Advisors LLC increased its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.8% during the first quarter. NewEdge Advisors LLC now owns 61,296 shares of the company’s stock worth $1,326,000 after acquiring an additional 4,439 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2.6% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 33,891 shares of the company’s stock valued at $747,000 after purchasing an additional 871 shares during the last quarter. Leo Wealth LLC bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter valued at $4,789,000. Finally, MGO One Seven LLC acquired a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter worth $203,000.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.