Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Increase in Short Interest

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 47,000 shares, an increase of 70.3% from the March 31st total of 27,600 shares. Based on an average daily volume of 23,400 shares, the days-to-cover ratio is presently 2.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $29,000. Capital Analysts LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $43,000. Rovin Capital UT ADV purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter valued at about $264,000. MONECO Advisors LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the third quarter valued at about $299,000. Finally, Raymond James & Associates purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $344,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded up $0.10 during trading on Friday, reaching $20.90. The company had a trading volume of 17,016 shares, compared to its average volume of 21,988. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52 week low of $19.29 and a 52 week high of $21.38. The firm’s 50-day simple moving average is $21.05 and its 200 day simple moving average is $20.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be issued a $0.1094 dividend. The ex-dividend date is Monday, April 22nd. This represents a $1.31 dividend on an annualized basis and a yield of 6.28%.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.