Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Large Decrease in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 15,000 shares, a drop of 48.5% from the February 13th total of 29,100 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 33,100 shares, the short-interest ratio is presently 0.5 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Trading Up 0.6 %

Shares of NASDAQ BSJU traded up $0.15 during trading hours on Friday, hitting $25.61. The company had a trading volume of 21,529 shares, compared to its average volume of 23,423. The firm’s 50 day moving average is $25.87 and its 200-day moving average is $26.01. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1-year low of $25.00 and a 1-year high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a dividend of $0.1399 per share. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous dividend of $0.14. The ex-dividend date was Monday, February 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. RPg Family Wealth Advisory LLC raised its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.3% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 273,409 shares of the company’s stock valued at $7,021,000 after purchasing an additional 11,233 shares in the last quarter. LPL Financial LLC grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 1.3% in the 4th quarter. LPL Financial LLC now owns 226,855 shares of the company’s stock valued at $5,826,000 after buying an additional 2,859 shares during the last quarter. Jane Street Group LLC raised its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 159.9% during the 4th quarter. Jane Street Group LLC now owns 129,998 shares of the company’s stock worth $3,338,000 after purchasing an additional 79,979 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 11.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 122,162 shares of the company’s stock valued at $3,137,000 after buying an additional 12,107 shares during the period. Finally, Strategic Financial Concepts LLC bought a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at about $3,019,000.

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.