Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Decreases By 64.6%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 29,400 shares, a decrease of 64.6% from the February 13th total of 83,100 shares. Based on an average daily trading volume, of 103,700 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

Large investors have recently modified their holdings of the company. Ancora Advisors LLC acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter valued at $36,000. Horizons Wealth Management acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter valued at $40,000. NewEdge Advisors LLC raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 908.0% during the 4th quarter. NewEdge Advisors LLC now owns 2,026 shares of the company’s stock valued at $43,000 after purchasing an additional 1,825 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 81.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,510 shares of the company’s stock valued at $75,000 after purchasing an additional 1,580 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.3% during the 4th quarter. GAMMA Investing LLC now owns 4,772 shares of the company’s stock valued at $102,000 after purchasing an additional 1,080 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJT traded up $0.11 during trading hours on Friday, hitting $21.23. 85,520 shares of the stock were exchanged, compared to its average volume of 91,513. The company’s 50 day moving average is $21.52 and its 200 day moving average is $21.62. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $20.67 and a one year high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a dividend of $0.1168 per share. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, February 24th.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.