Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Rises By 1,957.9%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 229,393 shares, an increase of 1,957.9% from the April 15th total of 11,147 shares. Based on an average daily volume of 78,561 shares, the days-to-cover ratio is currently 2.9 days. Approximately 2.3% of the shares of the company are short sold.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

NASDAQ:BSJU traded down $0.02 during mid-day trading on Wednesday, hitting $25.84. The company’s stock had a trading volume of 13,652 shares, compared to its average volume of 64,492. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1 year low of $25.22 and a 1 year high of $26.35. The business’s fifty day moving average is $25.79 and its two-hundred day moving average is $25.99.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were issued a $0.148 dividend. The ex-dividend date of this dividend was Monday, April 20th. This is a positive change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 6.9%.

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

Hedge funds have recently added to or reduced their stakes in the business. CWM LLC purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter valued at $27,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth about $36,000. Gilpin Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth about $53,000. Geneos Wealth Management Inc. boosted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 119.7% during the 1st 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. Finally, Key Financial Inc boosted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 15.0% during the 4th quarter. Key Financial Inc now owns 7,415 shares of the company’s stock worth $194,000 after acquiring an additional 965 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.