Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Down 56.2% in February

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 120,724 shares, a decline of 56.2% from the February 12th total of 275,731 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 130,824 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 130,824 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% during the first quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock worth $3,519,000 after buying an additional 6,193 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% in the 1st quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock worth $2,830,000 after acquiring an additional 76,426 shares in the last quarter. Intrua Financial LLC boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 5.8% in the 2nd quarter. Intrua Financial LLC now owns 289,685 shares of the company’s stock worth $6,577,000 after acquiring an additional 15,774 shares in the last quarter. Foundations Investment Advisors LLC grew its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 390.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 60,898 shares of the company’s stock worth $1,383,000 after acquiring an additional 48,488 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.1% during the 2nd quarter. Cetera Investment Advisers now owns 759,061 shares of the company’s stock valued at $17,234,000 after purchasing an additional 15,273 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJR traded down $0.03 during trading hours on Thursday, reaching $22.45. The company had a trading volume of 46,873 shares, compared to its average volume of 207,431. The stock has a 50-day moving average of $22.60 and a two-hundred day moving average of $22.65. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a one year low of $21.54 and a one year high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a $0.0981 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 5.2%.

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.