Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Update

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 6,400 shares, a drop of 57.3% from the February 28th total of 15,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 34,000 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC raised its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 168.6% in the 4th quarter. Larson Financial Group LLC now owns 1,222 shares of the company’s stock worth $31,000 after purchasing an additional 767 shares during the period. Geneos Wealth Management Inc. purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at about $63,000. Segment Wealth Management LLC bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at approximately $305,000. Bank of America Corp DE increased its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.8% in the 4th quarter. Bank of America Corp DE now owns 11,954 shares of the company’s stock worth $307,000 after acquiring an additional 551 shares in the last quarter. Finally, HUB Investment Partners LLC raised its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 29.3% during the 4th quarter. HUB Investment Partners LLC now owns 15,018 shares of the company’s stock worth $386,000 after acquiring an additional 3,403 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

Shares of BSJU traded down $0.05 on Friday, reaching $25.49. The company’s stock had a trading volume of 22,867 shares, compared to its average volume of 24,091. The stock’s 50 day simple moving average is $25.85 and its two-hundred day simple moving average is $25.98. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12-month low of $25.00 and a 12-month high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.1359 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.