Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Declines By 15.5%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 38,600 shares, a decrease of 15.5% from the October 15th total of 45,700 shares. Based on an average daily volume of 30,400 shares, the short-interest ratio is presently 1.3 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Trading Down 0.1 %

Shares of BSJU stock traded down $0.03 on Friday, hitting $26.02. The company had a trading volume of 30,441 shares, compared to its average volume of 21,234. The stock’s 50-day moving average is $26.19 and its two-hundred day moving average is $25.87. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a twelve month low of $24.42 and a twelve month high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were paid a dividend of $0.155 per share. The ex-dividend date was Monday, October 21st. This represents a $1.86 annualized dividend and a yield of 7.15%. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSJU. Trinity Legacy Partners LLC bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter valued at approximately $7,368,000. Jane Street Group LLC purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter valued at $1,320,000. Wealth Enhancement Advisory Services LLC bought a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the third quarter valued at $629,000. RPg Family Wealth Advisory LLC boosted its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.6% during the third quarter. RPg Family Wealth Advisory LLC now owns 262,176 shares of the company’s stock valued at $6,919,000 after buying an additional 11,477 shares during the period. Finally, SFE Investment Counsel boosted its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 39.8% during the third quarter. SFE Investment Counsel now owns 30,256 shares of the company’s stock valued at $798,000 after buying an additional 8,610 shares during the period.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

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.