Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Update

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 317,259 shares, a growth of 113.2% from the June 30th total of 148,781 shares. Based on an average daily volume of 157,035 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSJR. Royal Bank of Canada boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock valued at $3,519,000 after buying an additional 6,193 shares during the period. Jane Street Group LLC boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% in the first quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock valued at $2,830,000 after purchasing an additional 76,426 shares during the period. Invesco Ltd. boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.9% in the second quarter. Invesco Ltd. now owns 133,930 shares of the company’s stock valued at $3,041,000 after purchasing an additional 30,022 shares during the period. HUB Investment Partners LLC grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% in the second quarter. HUB Investment Partners LLC now owns 85,148 shares of the company’s stock worth $1,933,000 after purchasing an additional 1,858 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.5% in the second quarter. Raymond James Financial Inc. now owns 664,240 shares of the company’s stock worth $15,082,000 after purchasing an additional 52,175 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of BSJR remained flat at $22.28 during mid-day trading on Wednesday. The stock had a trading volume of 33,780 shares, compared to its average volume of 177,458. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $22.19 and a 1 year high of $22.86. The firm’s 50 day moving average is $22.37 and its 200-day moving average is $22.46.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a dividend of $0.0985 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, July 20th.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.