Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Drops By 71.9%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 43,780 shares, a decrease of 71.9% from the May 14th total of 155,728 shares. Based on an average trading volume of 177,536 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% during the fourth quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock valued at $26,000 after acquiring an additional 462 shares in the last quarter. Imprint Wealth LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter worth approximately $32,000. Wolff Wiese Magana LLC lifted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% in the fourth quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock worth $33,000 after buying an additional 445 shares during the period. Western Wealth Management LLC purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter valued at about $45,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock worth $56,000 after acquiring an additional 1,103 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Up 0.2%

NASDAQ BSJR traded up $0.04 during trading hours on Thursday, hitting $22.39. 45,804 shares of the company’s stock were exchanged, compared to its average volume of 179,105. The stock has a 50-day simple moving average of $22.43 and a 200 day simple moving average of $22.52. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $22.19 and a 1-year high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.1011 dividend. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Monday, May 18th.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.