Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Significant Increase in Short Interest

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 4,477 shares, a growth of 79.2% from the November 30th total of 2,499 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 356,588 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 356,588 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BSJP. Summit Investment Advisory Services LLC bought a new stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $11,297,000. Milestone Asset Management LLC increased its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 22.7% in the second quarter. Milestone Asset Management LLC now owns 1,586,241 shares of the company’s stock worth $36,595,000 after purchasing an additional 293,589 shares during the period. Leo Wealth LLC bought a new stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter worth $4,757,000. Mirador Capital Partners LP boosted its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 4.8% during the second quarter. Mirador Capital Partners LP now owns 2,389,222 shares of the company’s stock valued at $55,119,000 after purchasing an additional 110,487 shares during the period. Finally, Montis Financial LLC purchased a new stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the third quarter valued at $2,501,000.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Price Performance

Shares of BSJP opened at $23.05 on Friday. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a twelve month low of $22.58 and a twelve month high of $23.19. The company’s fifty day simple moving average is $23.06 and its 200-day simple moving average is $23.07.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 15th were given a $0.0194 dividend. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, December 15th.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.