Short Interest in Invesco BulletShares 2033 High Yield Corporate Bond ETF (NASDAQ:BSJX) Increases By 853.6%
by Scott Moore · The Cerbat GemInvesco BulletShares 2033 High Yield Corporate Bond ETF (NASDAQ:BSJX – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,670 shares, an increase of 853.6% from the March 15th total of 280 shares. Based on an average daily trading volume, of 2,373 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.7% of the company’s stock are short sold.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in Invesco BulletShares 2033 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $314,000. LPL Financial LLC bought a new position in Invesco BulletShares 2033 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $266,000. Moneco Advisors LLC bought a new position in Invesco BulletShares 2033 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $435,000. Finally, 4Thought Financial Group Inc. bought a new position in Invesco BulletShares 2033 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $435,000.
Invesco BulletShares 2033 High Yield Corporate Bond ETF Trading Down 0.3%
Shares of NASDAQ:BSJX traded down $0.08 during trading on Friday, reaching $25.26. 2,105 shares of the stock traded hands, compared to its average volume of 4,196. The stock has a 50-day moving average of $25.29 and a two-hundred day moving average of $25.46. Invesco BulletShares 2033 High Yield Corporate Bond ETF has a 52-week low of $24.55 and a 52-week high of $25.89.
Invesco BulletShares 2033 High Yield Corporate Bond ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.1193 per share. This represents a c) dividend on an annualized basis and a yield of 5.7%. This is a positive change from Invesco BulletShares 2033 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, March 23rd.
Invesco BulletShares 2033 High Yield Corporate Bond ETF Company Profile
Invesco Exchange-Traded Self-Indexed Fund Trust – Invesco BulletShares 2033 High Yield Corporate Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in fixed income markets of global region. The fund invests in U.S. dollar denominated high yield corporate bonds that are rated BB+ from S&P Global Ratings or Fitch Ratings Inc or a maximum credit rating of Ba1 from Moody’s Investors Service, Inc with the effective maturities in the year 2033. The fund seeks to track the performance of the Invesco BulletShares USD High Yield Corporate Bond 2033 Index, by using representative sampling technique.