Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Update

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 50,746 shares, a decline of 58.9% from the May 31st total of 123,360 shares. Based on an average trading volume of 87,557 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSJU. IMA Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.7% in the first quarter. IMA Advisory Services Inc. now owns 8,494 shares of the company’s stock worth $217,000 after buying an additional 459 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,442 shares of the company’s stock worth $692,000 after purchasing an additional 650 shares during the last quarter. Segment Wealth Management LLC increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.2% in the 4th quarter. Segment Wealth Management LLC now owns 15,650 shares of the company’s stock worth $409,000 after purchasing an additional 770 shares during the last quarter. Key Financial Inc increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 10.7% in 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. Finally, Ameriprise Financial Inc. raised its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 47,381 shares of the company’s stock valued at $1,240,000 after purchasing an additional 1,125 shares in the last quarter.

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

BSJU traded up $0.03 on Monday, reaching $25.81. The company’s stock had a trading volume of 22,508 shares, compared to its average volume of 65,787. 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 50 day moving average is $25.82 and its 200 day moving average is $25.93.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.1478 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

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.