Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Down 54.1% in March

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 37,900 shares, a drop of 54.1% from the February 29th total of 82,500 shares. Based on an average trading volume of 216,000 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Trading Up 0.0 %

Shares of NASDAQ:BSJO traded up $0.01 during trading on Thursday, hitting $22.73. The stock had a trading volume of 70,903 shares, compared to its average volume of 210,659. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 12-month low of $22.05 and a 12-month high of $22.93. The stock has a 50-day simple moving average of $22.71 and a two-hundred day simple moving average of $22.62.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.1142 dividend. This represents a $1.37 annualized dividend and a dividend yield of 6.03%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BSJO. Ironwood Wealth Management LLC. raised its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 5.3% during the first quarter. Ironwood Wealth Management LLC. now owns 400,140 shares of the company’s stock valued at $9,531,000 after acquiring an additional 20,283 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the first quarter valued at approximately $199,000. Raymond James & Associates raised its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 325.4% during the first quarter. Raymond James & Associates now owns 63,369 shares of the company’s stock valued at $1,509,000 after acquiring an additional 48,474 shares in the last quarter. Synovus Financial Corp purchased a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the first quarter valued at approximately $1,441,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 0.8% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 239,962 shares of the company’s stock valued at $5,715,000 after acquiring an additional 1,904 shares in the last quarter.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.