Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Rises By 22.5%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 130,274 shares, an increase of 22.5% from the February 26th total of 106,340 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 129,020 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Axim Planning & Wealth bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $604,000. Cambridge Financial Group LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $779,000. Seaview Investment Managers LLC purchased a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the third quarter valued at approximately $794,000. Modern Wealth Management LLC lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 10.0% during the third quarter. Modern Wealth Management LLC now owns 390,963 shares of the company’s stock valued at $8,433,000 after purchasing an additional 35,403 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 60.8% in the second quarter. Osaic Holdings Inc. now owns 283,742 shares of the company’s stock worth $6,106,000 after purchasing an additional 107,296 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

BSJT traded up $0.17 on Tuesday, hitting $21.00. The company had a trading volume of 66,869 shares, compared to its average volume of 148,445. The stock has a fifty day simple moving average of $21.29 and a 200-day simple moving average of $21.44. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $19.95 and a 52-week high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were paid a dividend of $0.1112 per share. The ex-dividend date was Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 6.4%.

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.