Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Declines By 39.4%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 58,279 shares, a decrease of 39.4% from the June 15th total of 96,239 shares. Based on an average daily trading volume, of 173,088 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ:BSJS traded down $0.03 during trading on Thursday, hitting $21.80. 42,424 shares of the company were exchanged, compared to its average volume of 157,258. The business’s 50 day moving average is $21.80 and its 200-day moving average is $21.87. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1-year low of $21.48 and a 1-year high of $22.24.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.1092 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a yield of 6.0%. This is an increase from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Howard Wealth Management LLC lifted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 43.7% in the fourth quarter. Howard Wealth Management LLC now owns 171,482 shares of the company’s stock valued at $3,773,000 after buying an additional 52,163 shares in the last quarter. GPM Growth Investors Inc. grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 17.2% during the fourth quarter. GPM Growth Investors Inc. now owns 252,872 shares of the company’s stock valued at $5,563,000 after purchasing an additional 37,174 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 42.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 269,085 shares of the company’s stock worth $5,920,000 after purchasing an additional 79,548 shares in the last quarter. Banta Asset Management LP purchased a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at $6,989,000. Finally, Leo Wealth LLC bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter worth $8,397,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.