Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Significant Increase in Short Interest

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 191,600 shares, a growth of 27.3% from the May 31st total of 150,500 shares. Based on an average daily volume of 255,000 shares, the short-interest ratio is presently 0.8 days.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Stock Up 0.1 %

NASDAQ:BSJP traded up $0.03 during mid-day trading on Monday, reaching $22.94. The stock had a trading volume of 343,189 shares, compared to its average volume of 268,012. The stock’s 50 day simple moving average is $22.97 and its two-hundred day simple moving average is $22.90. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a 1-year low of $22.16 and a 1-year high of $23.13.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.1109 dividend. The ex-dividend date was Monday, June 24th. This represents a $1.33 dividend on an annualized basis and a yield of 5.80%. This is a boost from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Hedge Funds Weigh In On Invesco BulletShares 2025 High Yield Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. lifted its holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 634.3% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,755 shares of the company’s stock worth $40,000 after acquiring an additional 1,516 shares during the last quarter. Parallel Advisors LLC bought a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF in the fourth quarter worth about $63,000. Blue Barn Wealth LLC bought a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF in the first quarter worth about $201,000. Redhawk Wealth Advisors Inc. bought a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF in the fourth quarter worth about $202,000. Finally, Richard P Slaughter Associates Inc bought a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF in the first quarter worth about $212,000.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.