Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Down 45.5% in July

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 46,406 shares, a drop of 45.5% from the June 30th total of 85,110 shares. Based on an average trading volume of 66,553 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the shares of the stock are short sold.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF stock traded down $0.06 on Wednesday, hitting $25.52. The company’s stock had a trading volume of 6,862 shares, compared to its average volume of 66,249. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1 year low of $25.22 and a 1 year high of $26.35. The firm has a fifty day moving average price of $25.78 and a 200-day moving average price of $25.87.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BSJU. GPM Growth Investors Inc. purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at approximately $5,404,000. Advisory Alpha LLC purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter worth $3,692,000. Mercer Global Advisors Inc. ADV increased its holdings in 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 worth $9,606,000 after acquiring an additional 108,894 shares in the last quarter. Cetera Investment Advisers acquired a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter worth $2,488,000. Finally, Howard Wealth Management LLC raised its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 242.9% during the fourth 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 period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

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.