Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Large Decrease in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 50,746 shares, a drop of 58.9% from the May 31st total of 123,360 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 87,557 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Trading Up 0.1%

Shares of BSJU stock traded up $0.03 on Monday, reaching $25.81. 22,508 shares of the stock were exchanged, compared to its average volume of 65,787. The firm has a 50 day moving average of $25.82 and a two-hundred day moving average of $25.93. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1-year low of $25.22 and a 1-year high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.1478 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date was Monday, June 22nd. This is an increase from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several institutional investors have recently bought and sold shares of BSJU. Kestra Advisory Services LLC acquired a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at $36,000. Gilpin Wealth Management LLC purchased a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter valued at about $53,000. Asset Dedication LLC purchased a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the first quarter valued at about $104,000. Geneos Wealth Management Inc. lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 119.7% during the first quarter. Geneos Wealth Management Inc. now owns 5,371 shares of the company’s stock worth $137,000 after purchasing an additional 2,926 shares in the last quarter. Finally, Key Financial Inc boosted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 15.0% in the fourth quarter. Key Financial Inc now owns 7,415 shares of the company’s stock worth $194,000 after buying an additional 965 shares during the period.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.