Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 68.9% in August

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 25,126 shares, a decline of 68.9% from the August 15th total of 80,799 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 80,277 shares, the short-interest ratio is presently 0.3 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.2%

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded down $0.05 during trading hours on Friday, reaching $21.03. 40,364 shares of the company were exchanged, compared to its average volume of 149,433. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1 year low of $20.72 and a 1 year high of $21.75. The stock’s fifty day moving average is $21.13 and its 200 day moving average is $21.16.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.1106 per share. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the stock. Claris Financial LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 1st quarter valued at about $65,000. IFP Advisors Inc acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter valued at approximately $86,000. Fifth Third Bancorp acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter valued at approximately $99,000. Comerica Bank lifted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% in the fourth quarter. Comerica Bank now owns 4,698 shares of the company’s stock worth $101,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.6% in the second quarter. Geneos Wealth Management Inc. now owns 4,730 shares of the company’s stock worth $102,000 after acquiring an additional 1,080 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.