Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Increase in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 155,728 shares, a growth of 177.4% from the April 30th total of 56,147 shares. Based on an average daily volume of 142,249 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Mirador Capital Partners LP increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 57.4% in the 4th quarter. Mirador Capital Partners LP now owns 2,121,083 shares of the company’s stock worth $47,967,000 after buying an additional 773,615 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 76.2% in the 4th quarter. Cetera Investment Advisers now owns 1,401,930 shares of the company’s stock worth $31,704,000 after buying an additional 606,278 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.6% in the 4th quarter. LPL Financial LLC now owns 1,859,953 shares of the company’s stock worth $42,062,000 after buying an additional 413,913 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 149.6% in the 1st quarter. Bank of America Corp DE now owns 536,744 shares of the company’s stock worth $12,004,000 after buying an additional 321,691 shares during the last quarter. Finally, Banta Asset Management LP bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter worth $7,031,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Up 0.1%

NASDAQ BSJR opened at $22.42 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $22.19 and a 1 year high of $22.86. The company’s 50 day simple moving average is $22.42 and its two-hundred day simple moving average is $22.53.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a $0.1011 dividend. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a yield of 5.4%. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.