Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Update

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 147,934 shares, a growth of 218.8% from the July 15th total of 46,406 shares. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 88,586 shares, the short-interest ratio is presently 1.7 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

BSJU stock opened at $25.84 on Friday. The business has a fifty day moving average of $25.77 and a two-hundred day moving average of $25.83. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52-week low of $25.22 and a 52-week high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.1477 per share. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. GPM Growth Investors Inc. acquired a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter valued at about $5,404,000. Advisory Alpha LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter valued at approximately $3,692,000. Mercer Global Advisors Inc. ADV raised its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 42.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 367,194 shares of the company’s stock valued at $9,606,000 after acquiring an additional 108,894 shares during the period. Cetera Investment Advisers acquired a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter worth approximately $2,488,000. Finally, Howard Wealth Management LLC lifted its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 242.9% in the 4th quarter. Howard Wealth Management LLC now owns 132,990 shares of the company’s stock worth $3,472,000 after acquiring an additional 94,205 shares during the last quarter.

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.