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

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 147,934 shares, a growth of 218.8% from the July 15th total of 46,406 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,586 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BSJU. Milestones Private Investment Advisors LLC boosted its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 154.1% during the 4th quarter. Milestones Private Investment Advisors LLC now owns 90,119 shares of the company’s stock valued at $2,353,000 after acquiring an additional 54,660 shares in the last quarter. Prospera Financial Services Inc bought a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter valued at about $1,769,000. Harbour Investments Inc. boosted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 96.5% during the fourth quarter. Harbour Investments Inc. now owns 63,870 shares of the company’s stock valued at $1,667,000 after purchasing an additional 31,365 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 81.9% during the first quarter. Cetera Investment Advisers now owns 173,308 shares of the company’s stock valued at $4,435,000 after purchasing an additional 78,018 shares in the last quarter. Finally, Axim Planning & Wealth bought a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter worth about $680,000.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJU traded up $0.06 during mid-day trading on Thursday, reaching $25.87. The stock had a trading volume of 33,499 shares, compared to its average volume of 67,253. The stock has a 50-day simple moving average of $25.77 and a two-hundred day simple moving average of $25.84. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12 month low of $25.22 and a 12 month high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a $0.1477 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 6.9%.

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.