Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Down 68.7% in January

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 33,030 shares, a drop of 68.7% from the January 15th total of 105,442 shares. Based on an average trading volume of 167,525 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 167,525 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

BSJS stock traded up $0.01 during mid-day trading on Thursday, hitting $22.03. The stock had a trading volume of 41,805 shares, compared to its average volume of 181,855. The firm has a fifty day simple moving average of $22.02 and a 200 day simple moving average of $22.03. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52 week low of $20.65 and a 52 week high of $22.24.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.1114 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSJS. Royal Bank of Canada boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.0% during the first quarter. Royal Bank of Canada now owns 190,363 shares of the company’s stock worth $4,119,000 after acquiring an additional 12,396 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.8% in the first quarter. NewEdge Advisors LLC now owns 61,296 shares of the company’s stock worth $1,326,000 after acquiring an additional 4,439 shares during the period. MGO One Seven LLC purchased a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter worth approximately $203,000. Harbour Investments Inc. increased its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2.1% during the 2nd quarter. Harbour Investments Inc. now owns 48,227 shares of the company’s stock valued at $1,063,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Latitude Advisors LLC purchased a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the second quarter worth $237,000.

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.