Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Decrease in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 163,465 shares, a decrease of 39.2% from the August 31st total of 268,828 shares. Based on an average daily volume of 143,668 shares, the short-interest ratio is presently 1.1 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Mirador Capital Partners LP boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 6.3% in the second quarter. Mirador Capital Partners LP now owns 2,395,160 shares of the company’s stock valued at $53,521,000 after acquiring an additional 142,552 shares during the period. Quad Cities Investment Group LLC boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 40.3% during the 2nd quarter. Quad Cities Investment Group LLC now owns 31,655 shares of the company’s stock valued at $707,000 after acquiring an additional 9,085 shares during the last quarter. Collective Family Office LLC grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.5% during the second quarter. Collective Family Office LLC now owns 366,184 shares of the company’s stock worth $8,183,000 after purchasing an additional 72,012 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 9.3% in the first quarter. NewEdge Advisors LLC now owns 84,655 shares of the company’s stock worth $1,893,000 after purchasing an additional 7,198 shares during the last quarter. Finally, Asset Dedication LLC raised its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the first quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock valued at $64,000 after purchasing an additional 882 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Up 0.0%

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF stock opened at $22.11 on Thursday. The business’s fifty day simple moving average is $22.32 and its 200 day simple moving average is $22.37. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12 month low of $22.08 and a 12 month high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.0938 dividend. This is a drop from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0975. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.1%.

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.