Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Update

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 43,000 shares, a decrease of 17.0% from the September 30th total of 51,800 shares. Based on an average daily trading volume, of 91,400 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.3 %

Shares of NASDAQ BSJS traded down $0.06 on Tuesday, hitting $21.89. The company’s stock had a trading volume of 57,050 shares, compared to its average volume of 74,734. The stock has a 50 day moving average of $22.02 and a 200-day moving average of $21.72. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12-month low of $20.18 and a 12-month high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a dividend of $0.135 per share. The ex-dividend date was Monday, October 21st. This represents a $1.62 dividend on an annualized basis and a yield of 7.40%. This is an increase from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13.

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

Hedge funds have recently made changes to their positions in the business. Advisory Alpha LLC raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2.2% during the 1st quarter. Advisory Alpha LLC now owns 158,323 shares of the company’s stock worth $3,429,000 after buying an additional 3,458 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 4.3% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 29,110 shares of the company’s stock worth $631,000 after buying an additional 1,197 shares during the last quarter. Kraft Davis & Associates LLC increased its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 6.1% during the first quarter. Kraft Davis & Associates LLC now owns 27,992 shares of the company’s stock worth $602,000 after acquiring an additional 1,606 shares during the period. Jane Street Group LLC increased its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 250.8% in the 1st quarter. Jane Street Group LLC now owns 318,513 shares of the company’s stock valued at $6,899,000 after buying an additional 227,711 shares during the period. Finally, Comerica Bank bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 1st quarter worth about $534,000.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.