Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 75.5% in April

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 7,800 shares, a decline of 75.5% from the March 31st total of 31,900 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 83,300 shares, the days-to-cover ratio is presently 0.1 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJT opened at $21.01 on Tuesday. The stock’s 50 day moving average price is $21.10 and its 200 day moving average price is $21.42. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52 week low of $19.95 and a 52 week high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 21st were paid a dividend of $0.1236 per share. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, April 21st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. LPL Financial LLC increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 51.9% during the fourth quarter. LPL Financial LLC now owns 914,358 shares of the company’s stock worth $19,562,000 after buying an additional 312,520 shares during the last quarter. GPM Growth Investors Inc. bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth about $4,405,000. Legacy Financial Group LLC boosted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 37.4% during the 4th quarter. Legacy Financial Group LLC now owns 660,589 shares of the company’s stock worth $14,133,000 after acquiring an additional 179,978 shares in the last quarter. Advisory Alpha LLC acquired a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter valued at about $3,233,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter valued at approximately $2,533,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.