Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Increase in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 275,731 shares, an increase of 185.7% from the January 29th total of 96,506 shares. Based on an average daily trading volume, of 252,929 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.8% of the company’s shares are short sold. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 252,929 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSJR. Wolff Wiese Magana LLC increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% during the 4th quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock valued at $33,000 after purchasing an additional 445 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 1.4% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 33,391 shares of the company’s stock worth $755,000 after buying an additional 460 shares during the last quarter. GAMMA Investing LLC raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% in the fourth quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock worth $26,000 after acquiring an additional 462 shares during the period. Valtinson Bruner Financial Planning LLC boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.4% in the second quarter. Valtinson Bruner Financial Planning LLC now owns 20,413 shares of the company’s stock valued at $463,000 after acquiring an additional 473 shares during the last quarter. Finally, Quad Cities Investment Group LLC grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.7% during the 3rd quarter. Quad Cities Investment Group LLC now owns 19,005 shares of the company’s stock valued at $432,000 after acquiring an additional 504 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJR opened at $22.53 on Thursday. The company has a 50-day moving average price of $22.62 and a 200-day moving average price of $22.66. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $21.54 and a 1 year high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be paid a dividend of $0.0981 per share. The ex-dividend date is Monday, February 23rd. This represents a c) annualized dividend and a yield of 5.2%.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.