Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) Short Interest Down 41.8% in July

Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 11,442 shares, a decline of 41.8% from the June 30th total of 19,658 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 13,214 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in Invesco BulletShares 2032 High Yield Corporate Bond ETF by 1.8% in the 1st quarter. Jane Street Group LLC now owns 99,935 shares of the company’s stock valued at $2,494,000 after buying an additional 1,790 shares during the period. LPL Financial LLC increased its stake in Invesco BulletShares 2032 High Yield Corporate Bond ETF by 13.3% in the fourth quarter. LPL Financial LLC now owns 75,568 shares of the company’s stock valued at $1,949,000 after purchasing an additional 8,854 shares during the period. Royal Bank of Canada raised its stake in Invesco BulletShares 2032 High Yield Corporate Bond ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 55,616 shares of the company’s stock valued at $1,400,000 after acquiring an additional 5,302 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF by 16.4% during the third quarter. Raymond James Financial Inc. now owns 36,230 shares of the company’s stock worth $935,000 after purchasing an additional 5,117 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF by 53.4% during the 4th quarter. Osaic Holdings Inc. now owns 28,459 shares of the company’s stock worth $734,000 after purchasing an additional 9,912 shares in the last quarter.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Trading Down 0.4%

BSJW stock traded down $0.10 during trading on Friday, hitting $25.05. The stock had a trading volume of 972 shares, compared to its average volume of 10,016. Invesco BulletShares 2032 High Yield Corporate Bond ETF has a twelve month low of $24.78 and a twelve month high of $26.04. The company’s 50-day moving average price is $25.28 and its two-hundred day moving average price is $25.44.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a dividend of $0.1383 per share. This represents a c) dividend on an annualized basis and a yield of 6.6%. This is a boost from Invesco BulletShares 2032 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, July 20th.

About Invesco BulletShares 2032 High Yield Corporate Bond ETF

The Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield corporate bonds with effective maturities in 2032. BSJW was launched on Jun 12, 2024 and is issued by Invesco.