Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Significant Decrease in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 58,279 shares, a drop of 39.4% from the June 15th total of 96,239 shares. Based on an average daily volume of 173,088 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Up 0.0%

Shares of BSJS traded up $0.01 during mid-day trading on Friday, reaching $21.83. 294,606 shares of the stock traded hands, compared to its average volume of 158,593. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1 year low of $21.48 and a 1 year high of $22.24. The firm has a fifty day moving average price of $21.80 and a 200 day moving average price of $21.87.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.1092 per share. The ex-dividend date was Monday, June 22nd. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a yield of 6.0%.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Mirador Capital Partners LP boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2,308.3% during the 2nd quarter. Mirador Capital Partners LP now owns 560,921 shares of the company’s stock valued at $12,197,000 after acquiring an additional 537,630 shares during the last quarter. Quad Cities Investment Group LLC raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 138.5% in the second quarter. Quad Cities Investment Group LLC now owns 33,321 shares of the company’s stock valued at $725,000 after purchasing an additional 19,350 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter valued at approximately $253,000. NewEdge Advisors LLC grew its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 9.1% in the 1st quarter. NewEdge Advisors LLC now owns 72,459 shares of the company’s stock worth $1,571,000 after buying an additional 6,057 shares in the last quarter. Finally, Asset Dedication LLC increased its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 189.6% in the 1st quarter. Asset Dedication LLC now owns 12,598 shares of the company’s stock worth $273,000 after buying an additional 8,248 shares during the last quarter.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.