Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Expands By 1,957.9%

by · The Cerbat Gem

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU – Get Free Report) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 229,393 shares, a growth of 1,957.9% from the April 15th total of 11,147 shares. Based on an average daily volume of 78,561 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. IMA Advisory Services Inc. increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.7% during the first quarter. IMA Advisory Services Inc. now owns 8,494 shares of the company’s stock worth $217,000 after acquiring an additional 459 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the first quarter worth about $528,000. Geneos Wealth Management Inc. increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 119.7% during the first quarter. Geneos Wealth Management Inc. now owns 5,371 shares of the company’s stock worth $137,000 after acquiring an additional 2,926 shares during the last quarter. Milestones Private Investment Advisors LLC increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 1.9% during the first quarter. Milestones Private Investment Advisors LLC now owns 91,865 shares of the company’s stock worth $2,351,000 after acquiring an additional 1,746 shares during the last quarter. Finally, SFE Investment Counsel increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 3.2% during the first quarter. SFE Investment Counsel now owns 250,489 shares of the company’s stock worth $6,410,000 after acquiring an additional 7,695 shares during the last quarter.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

NASDAQ:BSJU remained flat at $25.91 during mid-day trading on Monday. The company’s stock had a trading volume of 44,257 shares, compared to its average volume of 65,365. The business has a 50-day simple moving average of $25.79 and a two-hundred day simple moving average of $25.99. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a one year low of $25.22 and a one year high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were given a $0.148 dividend. This represents a c) annualized dividend and a yield of 6.9%. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 20th.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

(Get Free Report)

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.

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