Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Up 13.9% in December

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 108,300 shares, an increase of 13.9% from the November 30th total of 95,100 shares. Based on an average daily volume of 98,000 shares, the short-interest ratio is presently 1.1 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJR traded down $0.02 during midday trading on Tuesday, reaching $22.40. 142,492 shares of the stock were exchanged, compared to its average volume of 76,881. The firm has a 50-day simple moving average of $22.56 and a two-hundred day simple moving average of $22.47. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a twelve month low of $21.82 and a twelve month high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Raymond James & Associates boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.0% in the 2nd quarter. Raymond James & Associates now owns 57,393 shares of the company’s stock valued at $1,267,000 after buying an additional 11,106 shares during the period. Ironwood Wealth Management LLC. grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 13.1% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 229,542 shares of the company’s stock valued at $5,069,000 after purchasing an additional 26,665 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 51.3% during the second quarter. Commonwealth Equity Services LLC now owns 25,130 shares of the company’s stock worth $555,000 after purchasing an additional 8,526 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 292.1% during the second quarter. Larson Financial Group LLC now owns 4,799 shares of the company’s stock worth $106,000 after purchasing an additional 3,575 shares during the period. Finally, GPM Growth Investors Inc. purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 2nd quarter valued at $4,288,000.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.