Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Drops By 83.3%

by · The Cerbat Gem

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 38,303 shares, a decline of 83.3% from the April 30th total of 229,393 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 41,988 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. IMA Advisory Services Inc. raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.7% during the first quarter. IMA Advisory Services Inc. now owns 8,494 shares of the company’s stock valued at $217,000 after purchasing an additional 459 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,442 shares of the company’s stock valued at $692,000 after purchasing an additional 650 shares during the period. Segment Wealth Management LLC raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.2% during the fourth quarter. Segment Wealth Management LLC now owns 15,650 shares of the company’s stock valued at $409,000 after purchasing an additional 770 shares during the period. Key Financial Inc raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 10.7% during the first quarter. Key Financial Inc now owns 8,205 shares of the company’s stock valued at $210,000 after purchasing an additional 790 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.4% during the third quarter. Ameriprise Financial Inc. now owns 47,381 shares of the company’s stock valued at $1,240,000 after purchasing an additional 1,125 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

BSJU stock opened at $25.81 on Thursday. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12-month low of $25.22 and a 12-month high of $26.35. The company’s fifty day simple moving average is $25.76 and its 200 day simple moving average is $25.96.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.1519 dividend. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a yield of 7.1%.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

(Get Free Report)

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.

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