Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Up 157.3% in June

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 148,781 shares, a growth of 157.3% from the June 15th total of 57,825 shares. Based on an average daily volume of 202,006 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Accurate Wealth Management LLC lifted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 545.5% during the fourth quarter. Accurate Wealth Management LLC now owns 96,482 shares of the company’s stock worth $2,187,000 after buying an additional 81,534 shares in the last quarter. Mirador Capital Partners LP boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 57.4% in the fourth quarter. Mirador Capital Partners LP now owns 2,121,083 shares of the company’s stock valued at $47,967,000 after acquiring an additional 773,615 shares during the period. Glass Jacobson Investment Advisors llc raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 39.7% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 110,365 shares of the company’s stock valued at $2,496,000 after buying an additional 31,381 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 72.9% in the third quarter. Larson Financial Group LLC now owns 670,294 shares of the company’s stock valued at $15,242,000 after buying an additional 282,728 shares during the last quarter. Finally, Banta Asset Management LP acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter worth about $7,031,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of BSJR stock remained flat at $22.40 during trading hours on Wednesday. The stock had a trading volume of 40,296 shares, compared to its average volume of 178,049. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $22.19 and a 1-year high of $22.86. The firm has a 50-day moving average price of $22.39 and a two-hundred day moving average price of $22.48.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.0982 per share. The ex-dividend date was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 5.3%.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.