Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) Short Interest Update

Invesco BulletShares 2032 High Yield Corporate Bond ETF (NASDAQ:BSJW) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 11,442 shares, a drop of 41.8% from the June 30th total of 19,658 shares. Based on an average daily volume of 13,214 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSJW. Equitable Holdings Inc. acquired a new stake in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF during the 4th quarter worth about $353,000. Bank of America Corp DE acquired a new position in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF in the second quarter valued at approximately $208,000. Citadel Advisors LLC acquired a new position in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF in the third quarter valued at approximately $424,000. Raymond James Financial Inc. lifted its stake in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF by 49.7% during the second quarter. Raymond James Financial Inc. now owns 31,113 shares of the company’s stock valued at $797,000 after buying an additional 10,332 shares during the period. Finally, Alaska Permanent Capital Management LLC purchased a new position in shares of Invesco BulletShares 2032 High Yield Corporate Bond ETF during the first quarter valued at approximately $257,000.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Stock Down 0.0%

Shares of NASDAQ BSJW traded down $0.01 during midday trading on Thursday, hitting $25.09. The company had a trading volume of 643 shares, compared to its average volume of 10,108. Invesco BulletShares 2032 High Yield Corporate Bond ETF has a twelve month low of $24.78 and a twelve month high of $26.04. The business has a 50-day simple moving average of $25.28 and a two-hundred day simple moving average of $25.44.

Invesco BulletShares 2032 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a $0.1383 dividend. This is an increase from Invesco BulletShares 2032 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date was Monday, July 20th.

About Invesco BulletShares 2032 High Yield Corporate Bond ETF

The Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield corporate bonds with effective maturities in 2032. BSJW was launched on Jun 12, 2024 and is issued by Invesco.