Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Decline in Short Interest

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 45,985 shares, a decline of 89.9% from the May 14th total of 454,392 shares. Based on an average trading volume of 269,015 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ:BSJT traded up $0.03 during trading on Tuesday, hitting $21.17. The company’s stock had a trading volume of 132,615 shares, compared to its average volume of 150,923. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a fifty-two week low of $20.72 and a fifty-two week high of $21.75. The stock’s 50-day moving average price is $21.19 and its two-hundred day moving average price is $21.34.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were paid a $0.1197 dividend. The ex-dividend date was Monday, May 18th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BSJT. Leo Wealth LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at about $9,098,000. Sax Wealth Advisors LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at about $551,000. Howard Wealth Management LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 47.7% in the fourth quarter. Howard Wealth Management LLC now owns 172,090 shares of the company’s stock valued at $3,702,000 after buying an additional 55,616 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at about $1,495,000. Finally, Legacy Financial Group LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% in the fourth quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock valued at $17,596,000 after buying an additional 92,674 shares during the last quarter.

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.