Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 53,575 shares, an increase of 574.2% from the April 15th total of 7,946 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 92,616 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Private Trust Co. NA raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 328.7% in the 4th quarter. Private Trust Co. NA now owns 1,925 shares of the company’s stock worth $41,000 after purchasing an additional 1,476 shares in the last quarter. Anchor Investment Management LLC increased its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 465.1% during the 3rd quarter. Anchor Investment Management LLC now owns 2,430 shares of the company’s stock worth $52,000 after acquiring an additional 2,000 shares during the period. Fifth Third Bancorp bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 1st quarter valued at $99,000. Comerica Bank lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% during the 4th quarter. Comerica Bank now owns 4,698 shares of the company’s stock valued at $101,000 after acquiring an additional 4,000 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,730 shares of the company’s stock valued at $102,000 after acquiring an additional 1,080 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJT remained flat at $21.25 during mid-day trading on Thursday. The company had a trading volume of 538,856 shares, compared to its average volume of 141,561. The stock’s fifty day moving average price is $21.16 and its 200-day moving average price is $21.38. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $20.72 and a 1-year high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were issued a dividend of $0.117 per share. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Monday, April 20th.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.