Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Update

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 23,600 shares, a decline of 54.1% from the November 30th total of 51,400 shares. Based on an average trading volume of 94,700 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

BSJS stock traded down $0.04 during midday trading on Friday, hitting $21.80. 85,753 shares of the company’s stock were exchanged, compared to its average volume of 79,710. The firm has a 50 day moving average price of $21.97 and a 200-day moving average price of $21.88. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12-month low of $21.20 and a 12-month high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.1309 per share. The ex-dividend date is Monday, December 23rd.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 28.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,298 shares of the company’s stock worth $49,000 after acquiring an additional 510 shares in the last quarter. Larson Financial Group LLC acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter worth about $78,000. Key Financial Inc acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter worth about $140,000. Alaska Wealth Advisors bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the third quarter valued at about $201,000. Finally, JPMorgan Chase & Co. raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 150.4% during the third quarter. JPMorgan Chase & Co. now owns 9,594 shares of the company’s stock valued at $213,000 after buying an additional 5,763 shares in the last quarter.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.