Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Decreases By 45.5%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 46,406 shares, a decline of 45.5% from the June 30th total of 85,110 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 66,553 shares, the days-to-cover ratio is currently 0.7 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF stock traded down $0.05 during trading on Friday, reaching $25.60. The company’s stock had a trading volume of 61,132 shares, compared to its average volume of 66,956. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52-week low of $25.22 and a 52-week high of $26.35. The firm’s 50-day moving average is $25.78 and its two-hundred day moving average is $25.87.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a dividend of $0.1477 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date was Monday, July 20th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BSJU. GPM Growth Investors Inc. purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter worth $5,404,000. Advisory Alpha LLC bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter valued at $3,692,000. Mercer Global Advisors Inc. ADV boosted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 42.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 367,194 shares of the company’s stock valued at $9,606,000 after buying an additional 108,894 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at $2,488,000. Finally, Howard Wealth Management LLC lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 242.9% in the 4th quarter. Howard Wealth Management LLC now owns 132,990 shares of the company’s stock worth $3,472,000 after purchasing an additional 94,205 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.