Invesco Senior Loan ETF (NYSEARCA:BKLN) Short Interest Update

Invesco Senior Loan ETF (NYSEARCA:BKLN) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 80,417,434 shares, an increase of 20.3% from the February 26th total of 66,828,870 shares. Approximately 22.1% of the company’s shares are short sold. Based on an average daily volume of 33,885,411 shares, the short-interest ratio is currently 2.4 days.

Hedge Funds Weigh In On Invesco Senior Loan ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BKLN. Integrated Advisors Network LLC boosted its holdings in Invesco Senior Loan ETF by 0.5% in the third quarter. Integrated Advisors Network LLC now owns 105,565 shares of the exchange traded fund’s stock valued at $2,209,000 after acquiring an additional 493 shares in the last quarter. Strategic Financial Partners Ltd. raised its holdings in Invesco Senior Loan ETF by 2.3% in the 3rd quarter. Strategic Financial Partners Ltd. now owns 22,767 shares of the exchange traded fund’s stock worth $477,000 after purchasing an additional 512 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in Invesco Senior Loan ETF by 5.1% in the 4th quarter. DAVENPORT & Co LLC now owns 11,247 shares of the exchange traded fund’s stock worth $236,000 after purchasing an additional 545 shares in the last quarter. GoalVest Advisory LLC lifted its position in shares of Invesco Senior Loan ETF by 1.7% in the 3rd quarter. GoalVest Advisory LLC now owns 32,185 shares of the exchange traded fund’s stock worth $674,000 after purchasing an additional 548 shares during the period. Finally, IAM Advisory LLC lifted its position in shares of Invesco Senior Loan ETF by 1.2% in the 4th quarter. IAM Advisory LLC now owns 45,021 shares of the exchange traded fund’s stock worth $945,000 after purchasing an additional 548 shares during the period.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.45 on Thursday. Invesco Senior Loan ETF has a 1 year low of $20.02 and a 1 year high of $21.07. The business’s 50-day moving average is $20.55 and its 200 day moving average is $20.81.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a $0.1006 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, February 23rd.

About Invesco Senior Loan ETF

The Invesco Senior Loan ETF (BKLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of senior loans issued by banks to corporations. BKLN was launched on Mar 3, 2011 and is managed by Invesco.