Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Drop in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 41,886 shares, a drop of 37.6% from the July 30th total of 67,092 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 199,990 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

BSJS stock opened at $21.74 on Wednesday. The company has a 50-day moving average of $21.77 and a two-hundred day moving average of $21.81. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52-week low of $21.48 and a 52-week high of $22.24.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.1087 per share. The ex-dividend date was Monday, August 24th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Imprint Wealth LLC bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter valued at $35,000. WFA of San Diego LLC acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 2nd quarter valued at $51,000. Nalls Sherbakoff Group LLC bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 4th quarter valued at $53,000. Finally, AdvisorNet Financial Inc boosted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 10,000.0% in the 1st quarter. AdvisorNet Financial Inc now owns 2,828 shares of the company’s stock valued at $61,000 after purchasing an additional 2,800 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.