Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Decline in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 84,900 shares, a drop of 38.8% from the May 31st total of 138,800 shares. Based on an average daily trading volume, of 53,700 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Institutional investors have recently bought and sold shares of the company. Larson Financial Group LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter valued at $27,000. Benjamin F. Edwards & Company Inc. acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter worth $35,000. Geneos Wealth Management Inc. grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 975.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,150 shares of the company’s stock worth $48,000 after purchasing an additional 1,950 shares in the last quarter. Key Financial Inc grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 188.6% during the 4th quarter. Key Financial Inc now owns 3,117 shares of the company’s stock worth $70,000 after purchasing an additional 2,037 shares in the last quarter. Finally, Capital Analysts LLC grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 20.9% during the 4th quarter. Capital Analysts LLC now owns 4,150 shares of the company’s stock worth $93,000 after purchasing an additional 716 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJR traded down $0.02 during midday trading on Friday, hitting $22.08. The company’s stock had a trading volume of 66,419 shares, compared to its average volume of 56,886. The business’s 50 day simple moving average is $22.11 and its 200 day simple moving average is $22.21. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12-month low of $20.89 and a 12-month high of $22.54.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.1264 per share. The ex-dividend date was Monday, June 24th. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.52 dividend on an annualized basis and a yield of 6.87%.

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.