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

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 21,593 shares, a decrease of 69.5% from the August 31st total of 70,795 shares. Based on an average daily trading volume, of 53,833 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Asset Dedication LLC acquired a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 1st quarter valued at about $104,000. Integrated Wealth Concepts LLC acquired a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the second quarter valued at approximately $136,000. Geneos Wealth Management Inc. grew its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 119.7% in the first quarter. Geneos Wealth Management Inc. now owns 5,371 shares of the company’s stock worth $137,000 after acquiring an additional 2,926 shares in the last quarter. IMA Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 16.7% during the 4th quarter. IMA Advisory Services Inc. now owns 8,035 shares of the company’s stock worth $210,000 after purchasing an additional 1,150 shares during the last quarter. Finally, Key Financial Inc increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 10.7% during the 1st quarter. Key Financial Inc now owns 8,205 shares of the company’s stock worth $210,000 after purchasing an additional 790 shares during the last quarter.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:BSJU traded down $0.03 during trading on Friday, reaching $25.10. 131,817 shares of the company traded hands, compared to its average volume of 66,069. The firm has a fifty day simple moving average of $25.62 and a 200 day simple moving average of $25.73. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1-year low of $25.07 and a 1-year high of $26.29.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.1394 per share. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1514. This represents a $1.67 dividend on an annualized basis and a yield of 6.7%.

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.