Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Increase in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 138,500 shares, a growth of 138.4% from the September 30th total of 58,100 shares. Based on an average daily volume of 91,700 shares, the short-interest ratio is currently 1.5 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Cetera Investment Advisers increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 46.6% during the second quarter. Cetera Investment Advisers now owns 374,486 shares of the company’s stock valued at $8,270,000 after acquiring an additional 119,045 shares during the last quarter. Ironwood Financial llc grew its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 48.9% during the third quarter. Ironwood Financial llc now owns 341,832 shares of the company’s stock valued at $7,760,000 after buying an additional 112,290 shares during the period. Envestnet Asset Management Inc. increased its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 18.3% during the second quarter. Envestnet Asset Management Inc. now owns 322,810 shares of the company’s stock worth $7,129,000 after buying an additional 49,995 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 22.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 316,403 shares of the company’s stock worth $6,988,000 after acquiring an additional 58,363 shares during the period. Finally, SFE Investment Counsel boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% in the third quarter. SFE Investment Counsel now owns 313,629 shares of the company’s stock valued at $7,119,000 after acquiring an additional 6,831 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

BSJR stock opened at $22.51 on Monday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a twelve month low of $21.00 and a twelve month high of $22.77. The stock’s 50 day moving average is $22.58 and its 200-day moving average is $22.31.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a $0.126 dividend. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.51 annualized dividend and a yield of 6.72%.

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.