Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Up 102.6% in January

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 153,383 shares, an increase of 102.6% from the January 15th total of 75,710 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 169,860 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 169,860 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. IMA Advisory Services Inc. raised its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.1% during the 2nd quarter. IMA Advisory Services Inc. now owns 315,864 shares of the company’s stock valued at $6,797,000 after buying an additional 9,501 shares during the period. Envestnet Asset Management Inc. increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 379,932 shares of the company’s stock valued at $8,176,000 after acquiring an additional 8,744 shares during the last quarter. Advisory Alpha LLC increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 9.8% during the second quarter. Advisory Alpha LLC now owns 183,877 shares of the company’s stock valued at $3,957,000 after acquiring an additional 16,361 shares during the last quarter. Kaye Capital Management raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 151.9% in the second quarter. Kaye Capital Management now owns 355,560 shares of the company’s stock valued at $7,652,000 after acquiring an additional 214,407 shares during the period. Finally, GPM Growth Investors Inc. lifted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.0% in the 2nd quarter. GPM Growth Investors Inc. now owns 220,224 shares of the company’s stock worth $4,739,000 after acquiring an additional 6,436 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT opened at $21.45 on Friday. The business’s 50 day moving average is $21.53 and its 200 day moving average is $21.52. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12-month low of $19.95 and a 12-month high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.1155 dividend. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Tuesday, January 20th.

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.