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

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 38,303 shares, a decline of 83.3% from the April 30th total of 229,393 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 41,988 shares, the days-to-cover ratio is presently 0.9 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Up 0.2%

Invesco BulletShares 2030 High Yield Corporate Bond ETF stock traded up $0.06 during mid-day trading on Friday, hitting $25.88. 20,205 shares of the stock were exchanged, compared to its average volume of 63,802. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12 month low of $25.22 and a 12 month high of $26.35. The firm’s fifty day simple moving average is $25.76 and its two-hundred day simple moving average is $25.96.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued a dividend of $0.1519 per share. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Monday, May 18th. This is an increase from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15.

Hedge Funds Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth approximately $36,000. Gilpin Wealth Management LLC purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter valued at $53,000. Asset Dedication LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the first quarter valued at about $104,000. Geneos Wealth Management Inc. lifted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 119.7% during the first quarter. Geneos Wealth Management Inc. now owns 5,371 shares of the company’s stock valued at $137,000 after purchasing an additional 2,926 shares in the last quarter. Finally, Key Financial Inc lifted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 15.0% during the fourth quarter. Key Financial Inc now owns 7,415 shares of the company’s stock valued at $194,000 after purchasing an additional 965 shares in the last quarter.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

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.