Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Significant Drop in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 67,092 shares, a drop of 36.8% from the July 15th total of 106,096 shares. Based on an average daily volume of 213,769 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Howard Wealth Management LLC lifted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 43.7% in the 4th quarter. Howard Wealth Management LLC now owns 171,482 shares of the company’s stock worth $3,773,000 after buying an additional 52,163 shares in the last quarter. GPM Growth Investors Inc. increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 17.2% during the fourth quarter. GPM Growth Investors Inc. now owns 252,872 shares of the company’s stock worth $5,563,000 after acquiring an additional 37,174 shares during the last quarter. Banta Asset Management LP purchased a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter worth about $6,989,000. Commonwealth Equity Services LLC lifted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 42.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 269,085 shares of the company’s stock worth $5,920,000 after acquiring an additional 79,548 shares in the last quarter. Finally, Oder Investment Management LLC boosted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 49.4% in the first quarter. Oder Investment Management LLC now owns 116,076 shares of the company’s stock valued at $2,517,000 after purchasing an additional 38,401 shares during the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJS traded up $0.01 on Wednesday, reaching $21.82. 26,469 shares of the company were exchanged, compared to its average volume of 163,608. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1-year low of $21.48 and a 1-year high of $22.24. The company has a 50-day moving average of $21.78 and a 200-day moving average of $21.82.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.1088 per share. This is an increase from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous dividend of $0.11. The ex-dividend date was Monday, July 20th.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.