Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 61,715 shares, a decrease of 71.0% from the June 30th total of 213,173 shares. Based on an average trading volume of 184,574 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

BSJT traded up $0.02 during midday trading on Tuesday, hitting $21.03. 181,846 shares of the company’s stock traded hands, compared to its average volume of 153,261. The stock’s fifty day simple moving average is $21.15 and its 200-day simple moving average is $21.25. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $20.72 and a one year high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.1137 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Monday, July 20th. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Institutional investors have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.7% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 48,387 shares of the company’s stock worth $1,022,000 after buying an additional 1,724 shares during the period. Avior Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter worth $8,444,000. VectorGlobal IAG Inc. bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter worth $759,000. NewEdge Advisors LLC raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 10.4% during the 1st quarter. NewEdge Advisors LLC now owns 72,752 shares of the company’s stock valued at $1,530,000 after purchasing an additional 6,847 shares during the last quarter. Finally, Asset Dedication LLC grew its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 146.8% in the 1st quarter. Asset Dedication LLC now owns 23,856 shares of the company’s stock worth $502,000 after purchasing an additional 14,191 shares during the last quarter.

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.