Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Large Increase in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 29,100 shares, a growth of 34.7% from the January 31st total of 21,600 shares. Based on an average daily trading volume, of 31,800 shares, the days-to-cover ratio is currently 0.9 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

BSJU traded up $0.02 on Wednesday, hitting $25.89. The company had a trading volume of 7,278 shares, compared to its average volume of 22,762. The stock has a fifty day simple moving average of $25.87 and a 200-day simple moving average of $26.03. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52-week low of $25.00 and a 52-week high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a $0.1399 dividend. The ex-dividend date of this dividend was Monday, February 24th. This is a positive change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous dividend of $0.14.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the company. Trinity Legacy Partners LLC bought a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter worth $7,368,000. Strategic Financial Concepts LLC bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter worth about $3,019,000. Jane Street Group LLC increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 159.9% in the 4th quarter. Jane Street Group LLC now owns 129,998 shares of the company’s stock worth $3,338,000 after acquiring an additional 79,979 shares in the last quarter. SFE Investment Counsel increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 224.2% during the fourth quarter. SFE Investment Counsel now owns 98,090 shares of the company’s stock valued at $2,519,000 after purchasing an additional 67,834 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $683,000.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.