Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Decrease in Short Interest

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 43,900 shares, a decrease of 37.2% from the October 15th total of 69,900 shares. Based on an average trading volume of 69,400 shares, the days-to-cover ratio is currently 0.6 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJT opened at $21.68 on Friday. The firm has a fifty day simple moving average of $21.72 and a two-hundred day simple moving average of $21.42. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12 month low of $20.17 and a 12 month high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a dividend of $0.123 per share. The ex-dividend date was Monday, October 21st. This represents a $1.48 annualized dividend and a dividend yield of 6.81%. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $33,000. Benjamin F. Edwards & Company Inc. lifted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 36.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,960 shares of the company’s stock valued at $41,000 after purchasing an additional 520 shares during the period. Larson Financial Group LLC bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the second quarter valued at approximately $77,000. Key Financial Inc purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter worth $98,000. Finally, Atomi Financial Group Inc. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter worth $201,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.