Short Interest in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Rises 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 days-to-cover ratio is presently 0.1 days.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

Invesco BulletShares 2024 High Yield Corporate Bond ETF stock opened at $22.64 on Friday. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 12 month low of $22.34 and a 12 month high of $22.93. The business’s fifty day simple moving average is $22.71 and its two-hundred day simple moving average is $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

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

Institutional Trading of Invesco BulletShares 2024 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC bought a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter worth approximately $39,000. Unique Wealth Strategies LLC bought a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $63,000. Hobbs Group Advisors LLC purchased a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 2nd quarter valued at $78,000. Larson Financial Group LLC increased its holdings in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 11.2% in the 1st quarter. Larson Financial Group LLC now owns 6,170 shares of the company’s stock worth $140,000 after purchasing 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 in the 2nd quarter worth $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.