Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Shares Shorted: Short Interest Down 39.2% in September

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 163,465 shares, a drop of 39.2% from the August 31st total of 268,828 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 143,668 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Mirador Capital Partners LP grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 6.3% during the 2nd quarter. Mirador Capital Partners LP now owns 2,395,160 shares of the company’s stock worth $53,521,000 after acquiring an additional 142,552 shares during the period. Quad Cities Investment Group LLC grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 40.3% during the 2nd quarter. Quad Cities Investment Group LLC now owns 31,655 shares of the company’s stock worth $707,000 after buying an additional 9,085 shares during the period. Collective Family Office LLC lifted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.5% during the 2nd quarter. Collective Family Office LLC now owns 366,184 shares of the company’s stock valued at $8,183,000 after acquiring an additional 72,012 shares during the period. NewEdge Advisors LLC boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 9.3% during the first quarter. NewEdge Advisors LLC now owns 84,655 shares of the company’s stock worth $1,893,000 after acquiring an additional 7,198 shares in the last quarter. Finally, Asset Dedication LLC increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the first quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock valued at $64,000 after purchasing an additional 882 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Up 0.0%

BSJR stock opened at $22.11 on Thursday. The company has a fifty day moving average price of $22.32 and a 200-day moving average price of $22.37. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $22.08 and a 52-week high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.0938 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0975. This represents a $1.13 annualized dividend and a dividend yield of 5.1%.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.