Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 44.5% in December

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 42,300 shares, a drop of 44.5% from the December 15th total of 76,200 shares. Based on an average daily trading volume, of 92,200 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

BSJT traded up $0.15 during mid-day trading on Wednesday, hitting $21.53. 77,895 shares of the stock were exchanged, compared to its average volume of 88,088. The firm’s fifty day moving average is $21.59 and its two-hundred day moving average is $21.56. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $20.67 and a 1-year high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.1323 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Horizons Wealth Management acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $40,000. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 36.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,960 shares of the company’s stock valued at $41,000 after buying an additional 520 shares during the period. GAMMA Investing LLC grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 131.2% during the third quarter. GAMMA Investing LLC now owns 3,692 shares of the company’s stock worth $81,000 after buying an additional 2,095 shares in the last quarter. Key Financial Inc increased its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.4% during the third quarter. Key Financial Inc now owns 6,045 shares of the company’s stock worth $132,000 after buying an additional 1,375 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 118.2% in the third quarter. Larson Financial Group LLC now owns 8,050 shares of the company’s stock valued at $176,000 after acquiring an additional 4,361 shares in the last quarter.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.