Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Growth in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 317,259 shares, a growth of 113.2% from the June 30th total of 148,781 shares. Based on an average daily trading volume, of 157,035 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSJR. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 1.4% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 33,391 shares of the company’s stock worth $755,000 after buying an additional 460 shares during the last quarter. GAMMA Investing LLC boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% during the 4th quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock valued at $26,000 after acquiring an additional 462 shares during the last quarter. Asset Dedication LLC grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% during the 1st quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after acquiring an additional 882 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.0% in the 4th quarter. Integrated Wealth Concepts LLC now owns 53,642 shares of the company’s stock worth $1,213,000 after purchasing an additional 1,056 shares during the last quarter. Finally, Key Financial Inc increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 3.4% in the 4th quarter. Key Financial Inc now owns 33,774 shares of the company’s stock worth $764,000 after purchasing an additional 1,100 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ BSJR traded up $0.02 during midday trading on Tuesday, reaching $22.29. 160,650 shares of the company’s stock were exchanged, compared to its average volume of 177,949. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $22.19 and a 52-week high of $22.86. The business’s fifty day moving average price is $22.37 and its two-hundred day moving average price is $22.46.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a $0.0985 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.