Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Significant Decrease in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 25,900 shares, a decline of 80.6% from the February 28th total of 133,300 shares. Based on an average daily volume of 132,800 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BSJS. Principal Securities Inc. acquired a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter worth approximately $40,000. Denver PWM LLC acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter worth approximately $50,000. IFP Advisors Inc acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter worth approximately $59,000. Horizons Wealth Management increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 85.1% in the 4th quarter. Horizons Wealth Management now owns 4,094 shares of the company’s stock valued at $89,000 after acquiring an additional 1,882 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 120.8% during the third quarter. Larson Financial Group LLC now owns 8,045 shares of the company’s stock worth $178,000 after acquiring an additional 4,401 shares in the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.2 %

NASDAQ:BSJS opened at $21.68 on Friday. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52 week low of $21.20 and a 52 week high of $22.45. The firm’s fifty day moving average is $21.94 and its 200-day moving average is $21.97.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.1169 per share. The ex-dividend date of this dividend is Monday, March 24th.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.