Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Increases By 7.7%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 106,700 shares, a growth of 7.7% from the March 15th total of 99,100 shares. Based on an average daily trading volume, of 71,800 shares, the days-to-cover ratio is currently 1.5 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Invesco BulletShares 2028 High Yield Corporate Bond ETF stock traded down $0.05 on Tuesday, hitting $21.25. 90,283 shares of the stock traded hands, compared to its average volume of 70,570. The business’s fifty day simple moving average is $21.57 and its 200 day simple moving average is $21.26. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1 year low of $20.05 and a 1 year high of $21.84.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.1204 per share. The ex-dividend date was Monday, March 18th. This represents a $1.44 annualized dividend and a dividend yield of 6.80%.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. MONECO Advisors LLC increased its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 4.5% during the fourth quarter. MONECO Advisors LLC now owns 53,151 shares of the company’s stock valued at $1,151,000 after acquiring an additional 2,281 shares in the last quarter. Rovin Capital UT ADV bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter valued at about $285,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 22.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 182,761 shares of the company’s stock valued at $3,959,000 after purchasing an additional 33,525 shares during the period. Royal Bank of Canada lifted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 5.5% during the 4th quarter. Royal Bank of Canada now owns 89,952 shares of the company’s stock valued at $1,948,000 after buying an additional 4,657 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 20.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 204,629 shares of the company’s stock valued at $4,432,000 after buying an additional 35,110 shares in the last quarter.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.