Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Decreases By 71.9%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 43,780 shares, a decrease of 71.9% from the May 14th total of 155,728 shares. Based on an average daily volume of 177,536 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BSJR. GAMMA Investing LLC increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% in the fourth quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock worth $26,000 after acquiring an additional 462 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the fourth quarter worth approximately $32,000. Wolff Wiese Magana LLC increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% in the fourth quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock worth $33,000 after acquiring an additional 445 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter worth approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock worth $56,000 after acquiring an additional 1,103 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

BSJR stock remained flat at $22.42 on Friday. 89,768 shares of the company traded hands, compared to its average volume of 178,648. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a fifty-two week low of $22.19 and a fifty-two week high of $22.86. The stock’s fifty day moving average is $22.43 and its two-hundred day moving average is $22.52.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were paid a dividend of $0.1011 per share. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Monday, May 18th.

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.