Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 68.9% in August

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 25,126 shares, a decrease of 68.9% from the August 15th total of 80,799 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 80,277 shares, the days-to-cover ratio is currently 0.3 days.

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

A number of institutional investors have recently bought and sold shares of BSJT. Royal Bank of Canada increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 23.9% during the 1st quarter. Royal Bank of Canada now owns 49,448 shares of the company’s stock worth $1,042,000 after buying an additional 9,533 shares during the last quarter. NewEdge Advisors LLC increased its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2,821.7% during the first quarter. NewEdge Advisors LLC now owns 59,194 shares of the company’s stock worth $1,248,000 after acquiring an additional 57,168 shares during the last quarter. Brown Advisory Inc. acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the second quarter worth $304,000. HUB Investment Partners LLC raised its position 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 purchasing an additional 920 shares during the period. Finally, Raymond James Financial Inc. raised its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 13.4% in the second quarter. Raymond James Financial Inc. now owns 142,219 shares of the company’s stock valued at $3,061,000 after purchasing an additional 16,842 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.2%

Shares of NASDAQ BSJT traded down $0.05 during trading on Friday, hitting $21.03. 40,364 shares of the company were exchanged, compared to its average volume of 149,433. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12-month low of $20.72 and a 12-month high of $21.75. The company has a fifty day moving average price of $21.13 and a 200-day moving average price of $21.16.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.1106 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date was Monday, August 24th.

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.