Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) Sees Significant Increase in Short Interest

Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 20,591 shares, an increase of 70.7% from the August 15th total of 12,062 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 18,886 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Invesco BulletShares 2032 High Yield Corporate Bond ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 55,616 shares of the company’s stock worth $1,400,000 after purchasing an additional 5,302 shares during the last quarter. Alaska Permanent Capital Management LLC acquired a new stake in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF during the 1st quarter worth approximately $257,000. Finally, Harbour Investments Inc. bought a new stake in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF during the fourth quarter worth approximately $155,000.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Trading Down 0.2%

Shares of NASDAQ:BSJW opened at $24.90 on Friday. The business’s fifty day moving average price is $25.20 and its two-hundred day moving average price is $25.29. Invesco BulletShares 2032 High Yield Corporate Bond ETF has a fifty-two week low of $24.78 and a fifty-two week high of $26.03.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.1408 dividend. This is a boost from Invesco BulletShares 2032 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 6.8%.

About Invesco BulletShares 2032 High Yield Corporate Bond ETF

The Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield corporate bonds with effective maturities in 2032. BSJW was launched on Jun 12, 2024 and is issued by Invesco.