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 recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 53,575 shares, a growth of 574.2% from the April 15th total of 7,946 shares. Based on an average trading volume of 92,616 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJT traded down $0.03 during mid-day trading on Tuesday, reaching $21.23. The company had a trading volume of 51,950 shares, compared to its average volume of 137,882. The stock has a fifty day moving average of $21.16 and a two-hundred day moving average of $21.38. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12-month low of $20.72 and a 12-month 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, April 24th. Shareholders of record on Monday, April 20th were paid a $0.117 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, April 20th.

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

A number of large investors have recently bought and sold shares of the business. LPL Financial LLC raised its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.2% during the fourth quarter. LPL Financial LLC now owns 2,444,246 shares of the company’s stock valued at $52,576,000 after buying an additional 163,307 shares in the last quarter. Legacy Financial Group LLC lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% in the 4th quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock worth $17,596,000 after purchasing an additional 92,674 shares during the last quarter. Equitable Holdings Inc. boosted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 5.2% during the third quarter. Equitable Holdings Inc. now owns 625,312 shares of the company’s stock worth $13,488,000 after purchasing an additional 30,815 shares during the period. Wells Fargo & Company MN grew its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% during the fourth quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock valued at $12,796,000 after purchasing an additional 227,750 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 469,461 shares of the company’s stock worth $10,098,000 after buying an additional 8,643 shares during the last quarter.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.