Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) Stock Short Interest Falls 72.5%

Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,032 shares, a decline of 72.5% from the September 30th total of 11,010 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 9,695 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 High Yield Corporate Bond ETF

An institutional investor recently raised its position in Invesco BulletShares 2032 High Yield Corporate Bond ETF stock. Royal Bank of Canada boosted its stake in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) by 10.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,616 shares of the company’s stock after purchasing an additional 5,302 shares during the quarter. Royal Bank of Canada owned about 3.71% of Invesco BulletShares 2032 High Yield Corporate Bond ETF worth $1,400,000 at the end of the most recent reporting period.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJW traded down $0.03 during trading on Wednesday, reaching $24.39. 2,082 shares of the company’s stock were exchanged, compared to its average volume of 11,290. The business has a 50 day moving average price of $24.72 and a 200-day moving average price of $25.25. Invesco BulletShares 2032 High Yield Corporate Bond ETF has a fifty-two week low of $24.04 and a fifty-two week high of $26.00.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a dividend of $0.1412 per share. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Monday, October 19th. This is a boost from Invesco BulletShares 2032 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1329.

About Invesco BulletShares 2032 High Yield Corporate Bond ETF

The Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield corporate bonds with effective maturities in 2032. BSJW was launched on Jun 12, 2024 and is issued by Invesco.