Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Increases By 116.6%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 70,795 shares, a growth of 116.6% from the August 15th total of 32,685 shares. Based on an average daily trading volume, of 62,122 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company’s stock are sold short.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:BSJU remained flat at $25.48 during midday trading on Monday. 13,635 shares of the stock traded hands, compared to its average volume of 65,937. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a one year low of $25.22 and a one year high of $26.35. The business’s 50 day moving average price is $25.72 and its 200 day moving average price is $25.77.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were issued a dividend of $0.1514 per share. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BSJU. Mercer Global Advisors Inc. ADV raised its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 7.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 394,064 shares of the company’s stock valued at $10,287,000 after buying an additional 26,870 shares during the last quarter. RPg Family Wealth Advisory LLC raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 1.7% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 299,517 shares of the company’s stock valued at $7,819,000 after purchasing an additional 4,966 shares during the last quarter. Equitable Holdings Inc. lifted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 3.3% during the fourth quarter. Equitable Holdings Inc. now owns 264,456 shares of the company’s stock valued at $6,904,000 after purchasing an additional 8,335 shares in the last quarter. SFE Investment Counsel boosted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 3.2% during the first quarter. SFE Investment Counsel now owns 250,489 shares of the company’s stock worth $6,410,000 after purchasing an additional 7,695 shares during the last quarter. Finally, GPM Growth Investors Inc. grew its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.3% in the 1st quarter. GPM Growth Investors Inc. now owns 217,988 shares of the company’s stock worth $5,578,000 after purchasing an additional 10,991 shares in the last quarter.

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.