Invesco Senior Loan ETF (NYSEARCA:BKLN) Short Interest Update

Invesco Senior Loan ETF (NYSEARCA:BKLN) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 37,120,000 shares, a growth of 85.8% from the September 30th total of 19,980,000 shares. Based on an average daily volume of 8,680,200 shares, the short-interest ratio is presently 4.3 days. Currently, 12.9% of the company’s stock are sold short. Currently, 12.9% of the company’s stock are sold short. Based on an average daily volume of 8,680,200 shares, the short-interest ratio is presently 4.3 days.

Hedge Funds Weigh In On Invesco Senior Loan ETF

A number of large investors have recently bought and sold shares of BKLN. Corebridge Financial Inc. bought a new position in Invesco Senior Loan ETF in the first quarter worth approximately $98,134,000. Goldman Sachs Group Inc. raised its stake in Invesco Senior Loan ETF by 82.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,813,459 shares of the exchange traded fund’s stock worth $182,439,000 after buying an additional 3,988,121 shares in the last quarter. Nuveen LLC bought a new position in Invesco Senior Loan ETF in the first quarter worth approximately $59,076,000. BNP Paribas Financial Markets raised its stake in Invesco Senior Loan ETF by 44,959.7% in the second quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock worth $55,173,000 after buying an additional 2,631,492 shares in the last quarter. Finally, Mariner Investment Group LLC raised its stake in Invesco Senior Loan ETF by 519.1% in the first quarter. Mariner Investment Group LLC now owns 3,081,946 shares of the exchange traded fund’s stock worth $63,796,000 after buying an additional 2,584,162 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

Shares of BKLN stock opened at $20.90 on Monday. Invesco Senior Loan ETF has a 52-week low of $20.02 and a 52-week high of $21.19. The company’s 50 day moving average is $20.91 and its 200 day moving average is $20.88.

Invesco Senior Loan ETF Company Profile

The Invesco Senior Loan ETF (BKLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of senior loans issued by banks to corporations. BKLN was launched on Mar 3, 2011 and is managed by Invesco.