Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Stock Short Interest Jumps 132.7%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 46,979 shares, a growth of 132.7% from the September 15th total of 20,185 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 105,766 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSJT. Compound Planning Inc. grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.2% in the 1st quarter. Compound Planning Inc. now owns 52,446 shares of the company’s stock valued at $1,103,000 after buying an additional 611 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 18,521 shares of the company’s stock valued at $391,000 after buying an additional 1,268 shares in the last quarter. Topsail Wealth Management LLC increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 6.5% in the 1st quarter. Topsail Wealth Management LLC now owns 27,854 shares of the company’s stock valued at $586,000 after buying an additional 1,707 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 48,387 shares of the company’s stock worth $1,022,000 after buying an additional 1,724 shares during the period. Finally, Key Financial Inc raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% during the 1st quarter. Key Financial Inc now owns 21,399 shares of the company’s stock worth $450,000 after buying an additional 2,404 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.2%

NASDAQ BSJT opened at $20.70 on Thursday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12 month low of $20.54 and a 12 month high of $21.67. The stock has a 50-day simple moving average of $20.99 and a 200 day simple moving average of $21.10.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.1110 per share. This represents a $1.33 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Monday, September 21st. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1106.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.