Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Down 15.5% in October

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 38,600 shares, a decline of 15.5% from the October 15th total of 45,700 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. increased its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 99.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,041 shares of the company’s stock worth $52,000 after buying an additional 1,017 shares during the period. Key Financial Inc bought a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the second quarter valued at approximately $73,000. MONECO Advisors LLC boosted its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 14.1% in the second quarter. MONECO Advisors LLC now owns 15,986 shares of the company’s stock valued at $406,000 after purchasing an additional 1,980 shares during the period. 4Thought Financial Group Inc. increased its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 11.8% during the 2nd quarter. 4Thought Financial Group Inc. now owns 17,869 shares of the company’s stock worth $454,000 after purchasing an additional 1,888 shares during the period. Finally, SFE Investment Counsel raised its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 12.0% during the 2nd quarter. SFE Investment Counsel now owns 21,646 shares of the company’s stock valued at $550,000 after purchasing an additional 2,314 shares in the last quarter.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of BSJU stock traded down $0.03 during trading hours on Friday, reaching $26.02. 30,441 shares of the stock were exchanged, compared to its average volume of 21,234. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12-month low of $24.42 and a 12-month high of $26.58. The company’s 50-day moving average price is $26.19 and its 200-day moving average price is $25.88.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.155 per share. The ex-dividend date was Monday, October 21st. This represents a $1.86 dividend on an annualized basis and a yield of 7.15%. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

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.