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

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 213,173 shares, an increase of 585.4% from the June 15th total of 31,104 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 178,371 shares, the days-to-cover ratio is presently 1.2 days.

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

Hedge funds have recently added to or reduced their stakes in the business. Compound Planning Inc. grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.2% in the first quarter. Compound Planning Inc. now owns 52,446 shares of the company’s stock worth $1,103,000 after acquiring an additional 611 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 11,927 shares of the company’s stock valued at $235,000 after acquiring an additional 776 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 35,155 shares of the company’s stock valued at $756,000 after purchasing an additional 795 shares during the period. NewEdge Advisors LLC boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.3% in the fourth quarter. NewEdge Advisors LLC now owns 65,905 shares of the company’s stock valued at $1,418,000 after purchasing an additional 871 shares during the period. Finally, HUB Investment Partners LLC boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.5% in the second quarter. HUB Investment Partners LLC now owns 37,963 shares of the company’s stock valued at $817,000 after purchasing an additional 920 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.0%

NASDAQ:BSJT traded down $0.01 on Monday, reaching $21.15. 27,044 shares of the company’s stock were exchanged, compared to its average volume of 154,214. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $20.72 and a 52-week high of $21.75. The business has a fifty day moving average of $21.18 and a 200-day moving average of $21.28.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.1098 per share. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Monday, June 22nd.

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.