Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Update

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 23,600 shares, a drop of 54.1% from the November 30th total of 51,400 shares. Based on an average daily trading volume, of 94,700 shares, the short-interest ratio is presently 0.2 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Trading Down 0.2 %

Invesco BulletShares 2028 High Yield Corporate Bond ETF stock traded down $0.04 during midday trading on Friday, reaching $21.80. 85,753 shares of the company were exchanged, compared to its average volume of 79,710. The firm’s 50-day simple moving average is $21.97 and its 200-day simple moving average is $21.88. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1 year low of $21.20 and a 1 year high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.1309 per share. The ex-dividend date of this dividend is Monday, December 23rd.

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

Institutional investors and hedge funds have recently modified their holdings of the company. GPM Growth Investors Inc. purchased a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 2nd quarter worth $2,893,000. Envestnet Asset Management Inc. boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 352,762 shares of the company’s stock worth $7,574,000 after buying an additional 70,469 shares during the last quarter. Cetera Investment Advisers grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 78.3% in the 2nd quarter. Cetera Investment Advisers now owns 139,593 shares of the company’s stock valued at $2,997,000 after buying an additional 61,304 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 22.3% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 316,856 shares of the company’s stock valued at $6,803,000 after acquiring an additional 57,821 shares during the last quarter. Finally, SFE Investment Counsel increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 23.0% during the 2nd quarter. SFE Investment Counsel now owns 302,301 shares of the company’s stock valued at $6,490,000 after acquiring an additional 56,536 shares during the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.