Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Down 57.8% in August

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 28,200 shares, a decline of 57.8% from the August 15th total of 66,800 shares. Based on an average trading volume of 83,000 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Trading Up 0.1 %

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF stock traded up $0.03 during trading hours on Friday, reaching $22.10. 131,309 shares of the company’s stock were exchanged, compared to its average volume of 73,935. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52-week low of $20.05 and a 52-week high of $22.15. The company has a fifty day moving average of $21.81 and a 200-day moving average of $21.62.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were paid a $0.129 dividend. This represents a $1.55 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date was Monday, August 19th.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. increased its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 28.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,298 shares of the company’s stock worth $49,000 after purchasing an additional 510 shares during the last quarter. Larson Financial Group LLC acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 2nd quarter worth $78,000. Key Financial Inc purchased a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter worth $140,000. Hennion & Walsh Asset Management Inc. acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter valued at $274,000. Finally, Rovin Capital UT ADV purchased a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter valued at about $285,000.

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.