Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Up 62.4% in May

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 70,522 shares, an increase of 62.4% from the April 30th total of 43,419 shares. Based on an average daily volume of 137,805 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Atria Investments Inc acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter valued at about $3,442,000. Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $1,540,000. Howard Wealth Management LLC raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 43.7% during the 4th quarter. Howard Wealth Management LLC now owns 171,482 shares of the company’s stock valued at $3,773,000 after buying an additional 52,163 shares during the period. Leo Wealth LLC purchased a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter valued at approximately $8,397,000. Finally, Banta Asset Management LP acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $6,989,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

BSJS remained flat at $21.82 on Thursday. 52,358 shares of the company’s stock traded hands, compared to its average volume of 157,327. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52 week low of $21.48 and a 52 week high of $22.24. The firm’s fifty day simple moving average is $21.79 and its 200-day simple moving average is $21.91.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a dividend of $0.1124 per share. The ex-dividend date was Monday, May 18th. This is a boost from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a yield of 6.2%.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.