Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Decreases By 6.3%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 40,000 shares, a decrease of 6.3% from the May 15th total of 42,700 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 1.6 days.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Raymond James & Associates acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter valued at approximately $344,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth $551,000. Capital Analysts LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $43,000. TCG Advisory Services LLC boosted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 39.4% during the 4th quarter. TCG Advisory Services LLC now owns 30,881 shares of the company’s stock valued at $654,000 after acquiring an additional 8,721 shares during the last quarter. Finally, SFE Investment Counsel acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth $1,107,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Up 0.3 %

NASDAQ BSJT traded up $0.07 during trading hours on Tuesday, hitting $21.22. The company had a trading volume of 18,479 shares, compared to its average volume of 22,607. The firm’s 50 day moving average is $21.00 and its 200 day moving average is $21.05. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a fifty-two week low of $19.29 and a fifty-two week high of $21.38.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 24th. Shareholders of record on Tuesday, May 21st were issued a $0.1224 dividend. This represents a $1.47 dividend on an annualized basis and a yield of 6.92%. The ex-dividend date of this dividend was Monday, May 20th.

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.