Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Significant Growth in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 13,900 shares, a growth of 117.2% from the March 15th total of 6,400 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 33,400 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSJU. Jane Street Group LLC acquired a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the third quarter worth $1,320,000. Segment Wealth Management LLC bought a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth $305,000. Geneos Wealth Management Inc. acquired a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter worth about $63,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter valued at about $683,000. Finally, Strategic Financial Concepts LLC bought a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter valued at about $3,019,000.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Up 0.7 %

BSJU stock opened at $25.25 on Friday. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52 week low of $24.09 and a 52 week high of $26.58. The business has a 50-day simple moving average of $25.58 and a 200 day simple moving average of $25.84.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.1359 dividend. The ex-dividend date was Monday, March 24th.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.