Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Increases By 191.5%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 192,100 shares, a growth of 191.5% from the September 15th total of 65,900 shares. Based on an average daily volume of 123,900 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 123,900 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. LPL Financial LLC raised its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 30.6% in the first quarter. LPL Financial LLC now owns 1,138,315 shares of the company’s stock worth $24,633,000 after buying an additional 266,759 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 4.8% in the second quarter. Envestnet Asset Management Inc. now owns 485,597 shares of the company’s stock worth $10,707,000 after buying an additional 22,402 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 26.5% in the first quarter. Cetera Investment Advisers now owns 473,610 shares of the company’s stock worth $10,249,000 after buying an additional 99,248 shares during the period. SFE Investment Counsel raised its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2.1% in the second quarter. SFE Investment Counsel now owns 355,613 shares of the company’s stock worth $7,841,000 after buying an additional 7,152 shares during the period. Finally, HUB Investment Partners LLC raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 9.5% during the 2nd quarter. HUB Investment Partners LLC now owns 299,313 shares of the company’s stock valued at $6,600,000 after purchasing an additional 25,990 shares during the period.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:BSJS opened at $21.99 on Tuesday. The stock’s 50-day simple moving average is $22.08 and its two-hundred day simple moving average is $21.88. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52-week low of $20.65 and a 52-week high of $22.32.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 24th. Stockholders of record on Monday, October 20th will be paid a $0.1133 dividend. The ex-dividend date of this dividend is Monday, October 20th. This represents a c) annualized dividend and a dividend yield of 6.2%.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.