Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Rises By 105.3%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 29,866 shares, a growth of 105.3% from the March 31st total of 14,551 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 108,261 shares, the short-interest ratio is presently 0.3 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF stock remained flat at $21.83 during trading hours on Monday. 55,835 shares of the stock were exchanged, compared to its average volume of 168,051. The business’s fifty day moving average is $21.83 and its 200 day moving average is $21.94. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a one year low of $21.48 and a one year high of $22.24.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were paid a dividend of $0.1077 per share. The ex-dividend date was Monday, April 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. This is an increase from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BSJS. LPL Financial LLC grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 21.0% during the fourth quarter. LPL Financial LLC now owns 2,153,307 shares of the company’s stock worth $47,373,000 after purchasing an additional 374,157 shares during the period. Wells Fargo & Company MN raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 20.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,087,591 shares of the company’s stock valued at $23,927,000 after buying an additional 187,199 shares during the period. Raymond James Financial Inc. lifted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 445.1% in the third quarter. Raymond James Financial Inc. now owns 851,258 shares of the company’s stock valued at $18,796,000 after buying an additional 695,104 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 25.1% during the 4th quarter. Cetera Investment Advisers now owns 582,696 shares of the company’s stock worth $12,819,000 after acquiring an additional 117,094 shares during the period. Finally, UBS Group AG boosted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 16.2% during the 4th quarter. UBS Group AG now owns 493,925 shares of the company’s stock worth $10,866,000 after acquiring an additional 68,966 shares during the period.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.