Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Declines By 89.9%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 45,985 shares, a drop of 89.9% from the May 14th total of 454,392 shares. Based on an average daily volume of 269,015 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSJT. Compound Planning Inc. raised its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.7% in the 3rd quarter. Compound Planning Inc. now owns 32,527 shares of the company’s stock valued at $702,000 after purchasing an additional 555 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in 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 acquiring an additional 776 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 35,155 shares of the company’s stock valued at $756,000 after purchasing an additional 795 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.3% in the 4th quarter. NewEdge Advisors LLC now owns 65,905 shares of the company’s stock valued at $1,418,000 after purchasing an additional 871 shares in the last quarter. Finally, HUB Investment Partners LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.5% in the second quarter. HUB Investment Partners LLC now owns 37,963 shares of the company’s stock valued at $817,000 after buying an additional 920 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJT traded up $0.08 on Thursday, hitting $21.24. The stock had a trading volume of 85,775 shares, compared to its average volume of 149,648. The company has a fifty day moving average price of $21.20 and a two-hundred day moving average price of $21.33. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $20.72 and a 1-year high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.1197 dividend. The ex-dividend date was Monday, May 18th.

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.