Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Up 22.5% in March

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 130,274 shares, an increase of 22.5% from the February 26th total of 106,340 shares. Based on an average daily volume of 129,020 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Net Worth Advisory Group boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 4.4% during the third quarter. Net Worth Advisory Group now owns 11,460 shares of the company’s stock valued at $247,000 after acquiring an additional 480 shares during the period. Compound Planning Inc. increased its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.7% in the third quarter. Compound Planning Inc. now owns 32,527 shares of the company’s stock worth $702,000 after purchasing an additional 555 shares during the period. Topsail Wealth Management LLC increased its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.0% in the third quarter. Topsail Wealth Management LLC now owns 20,847 shares of the company’s stock worth $450,000 after purchasing an additional 610 shares during the period. J.W. Cole Advisors Inc. lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 11,927 shares of the company’s stock worth $235,000 after purchasing an additional 776 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 35,155 shares of the company’s stock worth $756,000 after purchasing an additional 795 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

Shares of BSJT stock opened at $20.80 on Monday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12 month low of $19.95 and a 12 month high of $21.75. The business’s 50 day moving average is $21.31 and its two-hundred day moving average is $21.45.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.1112 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Monday, March 23rd.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.