Short Interest in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Expands By 134.7%

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 11,500 shares, a growth of 134.7% from the September 30th total of 4,900 shares. Based on an average daily trading volume, of 178,400 shares, the short-interest ratio is currently 0.1 days.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Up 0.0 %

Shares of NASDAQ:BSJO traded up $0.01 during midday trading on Friday, reaching $22.64. The company’s stock had a trading volume of 132,981 shares, compared to its average volume of 189,062. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a fifty-two week low of $22.34 and a fifty-two week high of $22.93. The firm has a 50 day moving average price of $22.71 and a two-hundred day moving average price of $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.11 dividend. The ex-dividend date was Monday, October 21st. This represents a $1.32 dividend on an annualized basis and a yield of 5.83%.

Hedge Funds Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC bought a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 2nd quarter worth about $39,000. Unique Wealth Strategies LLC bought a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter worth approximately $63,000. Hobbs Group Advisors LLC acquired a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter valued at approximately $78,000. Larson Financial Group LLC increased its holdings in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 11.2% during the first quarter. Larson Financial Group LLC now owns 6,170 shares of the company’s stock valued at $140,000 after acquiring an additional 620 shares in the last quarter. Finally, CRA Financial Services LLC bought a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter valued at approximately $265,000.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.