Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 153,383 shares, a growth of 102.6% from the January 15th total of 75,710 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 169,860 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 169,860 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.8% of the company’s shares are sold short.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.1%

Shares of BSJT stock opened at $21.44 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a twelve month low of $19.95 and a twelve month high of $21.75. The stock has a fifty day simple moving average of $21.53 and a two-hundred day simple moving average of $21.52.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.1155 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 6.5%.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several institutional investors have recently bought and sold shares of BSJT. Private Trust Co. NA raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 328.7% in the fourth quarter. Private Trust Co. NA now owns 1,925 shares of the company’s stock worth $41,000 after buying an additional 1,476 shares in the last quarter. Anchor Investment Management LLC increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 465.1% in the 3rd quarter. Anchor Investment Management LLC now owns 2,430 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares during the period. Horizons Wealth Management raised its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 84.1% in the 3rd quarter. Horizons Wealth Management now owns 3,420 shares of the company’s stock worth $74,000 after acquiring an additional 1,562 shares in the last quarter. Comerica Bank lifted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% during the 4th quarter. Comerica Bank now owns 4,698 shares of the company’s stock worth $101,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.6% during the second quarter. Geneos Wealth Management Inc. now owns 4,730 shares of the company’s stock valued at $102,000 after purchasing an additional 1,080 shares in the last quarter.

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.