Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Update

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 317,259 shares, a growth of 113.2% from the June 30th total of 148,781 shares. Based on an average trading volume of 157,035 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.8% of the shares of the company are sold short.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJR traded up $0.02 during mid-day trading on Thursday, hitting $22.30. The company had a trading volume of 17,936 shares, compared to its average volume of 176,948. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $22.19 and a 1 year high of $22.86. The stock’s 50-day moving average price is $22.37 and its 200-day moving average price is $22.46.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a $0.0985 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, July 20th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% in the 4th 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 purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter worth approximately $32,000. Western Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter valued at $45,000. Northwestern Mutual Wealth Management Co. raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock valued at $56,000 after purchasing an additional 1,103 shares in the last quarter. Finally, Asset Dedication LLC boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the 1st quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after purchasing an additional 882 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

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.