Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Up 144.3% in September

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 25,900 shares, a growth of 144.3% from the August 31st total of 10,600 shares. Based on an average daily volume of 206,000 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in BSJO. Mirador Capital Partners LP raised its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 5.3% during the first quarter. Mirador Capital Partners LP now owns 3,560,590 shares of the company’s stock worth $80,932,000 after purchasing an additional 178,531 shares during the period. Goldman Sachs Group Inc. acquired a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 4th quarter worth about $26,454,000. Wells Fargo & Company MN lifted its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 826,793 shares of the company’s stock valued at $18,781,000 after buying an additional 32,110 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF in the first quarter worth about $17,997,000. Finally, Cetera Advisors LLC increased its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 16.3% in the first quarter. Cetera Advisors LLC now owns 761,172 shares of the company’s stock worth $17,301,000 after acquiring an additional 106,841 shares in the last quarter.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF stock opened at $22.71 on Friday. The business has a fifty day simple moving average of $22.70 and a 200-day simple moving average of $22.72. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a fifty-two week low of $22.32 and a fifty-two week high of $22.93.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.114 per share. This is a positive change from Invesco BulletShares 2024 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.37 annualized dividend and a dividend yield of 6.02%.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.