Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Declines By 15.5%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 38,600 shares, a decrease of 15.5% from the October 15th total of 45,700 shares. Based on an average daily trading volume, of 30,400 shares, the days-to-cover ratio is presently 1.3 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Trading Down 0.1 %

NASDAQ BSJU traded down $0.03 during trading hours on Friday, reaching $26.02. 30,441 shares of the company’s stock traded hands, compared to its average volume of 21,234. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52-week low of $24.42 and a 52-week high of $26.58. The firm has a 50-day simple moving average of $26.19 and a 200 day simple moving average of $25.88.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a $0.155 dividend. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. This represents a $1.86 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date was Monday, October 21st.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Trinity Legacy Partners LLC bought a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter worth $7,368,000. Jane Street Group LLC bought a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 3rd quarter worth about $1,320,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 3rd quarter valued at about $629,000. RPg Family Wealth Advisory LLC increased its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.6% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 262,176 shares of the company’s stock valued at $6,919,000 after purchasing an additional 11,477 shares in the last quarter. Finally, SFE Investment Counsel raised its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 39.8% in the third quarter. SFE Investment Counsel now owns 30,256 shares of the company’s stock worth $798,000 after buying an additional 8,610 shares during the last quarter.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

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.