Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Up 138.4% in October

by · The Cerbat Gem

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 138,500 shares, an increase of 138.4% from the September 30th total of 58,100 shares. Based on an average daily volume of 91,700 shares, the days-to-cover ratio is currently 1.5 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Invesco BulletShares 2027 High Yield Corporate Bond ETF stock remained flat at $22.51 during trading hours on Friday. The company’s stock had a trading volume of 34,851 shares, compared to its average volume of 70,721. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $21.00 and a 52-week high of $22.77. The firm has a 50 day moving average price of $22.58 and a 200-day moving average price of $22.31.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.126 per share. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.51 annualized dividend and a dividend yield of 6.72%. The ex-dividend date of this dividend was Monday, October 21st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BSJR. Geneos Wealth Management Inc. grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 95.3% in the first quarter. Geneos Wealth Management Inc. now owns 4,200 shares of the company’s stock valued at $93,000 after purchasing an additional 2,050 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 34.0% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 47,755 shares of the company’s stock valued at $1,063,000 after buying an additional 12,109 shares during the last quarter. Raymond James & Associates increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.0% in the 2nd quarter. Raymond James & Associates now owns 57,393 shares of the company’s stock worth $1,267,000 after buying an additional 11,106 shares during the period. GAMMA Investing LLC increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 40.2% in the 3rd quarter. GAMMA Investing LLC now owns 25,138 shares of the company’s stock worth $571,000 after buying an additional 7,207 shares during the period. Finally, GPM Growth Investors Inc. bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 2nd quarter valued at $4,288,000.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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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.

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