Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Update

by · The Markets Daily

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,900 shares, a drop of 66.1% from the October 15th total of 11,500 shares. Based on an average trading volume of 178,000 shares, the days-to-cover ratio is currently 0.0 days.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

Shares of BSJO remained flat at $22.68 during mid-day trading on Tuesday. 54,109 shares of the stock traded hands, compared to its average volume of 186,680. The company has a fifty day moving average of $22.70 and a 200-day moving average of $22.71. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 12 month low of $22.47 and a 12 month high of $22.93.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date was Monday, October 21st.

Institutional Investors Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter valued at approximately $39,000. Unique Wealth Strategies LLC purchased a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter valued at approximately $63,000. Hobbs Group Advisors LLC acquired a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter valued at $78,000. Larson Financial Group LLC lifted its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 60.4% in the 2nd quarter. Larson Financial Group LLC now owns 9,895 shares of the company’s stock valued at $225,000 after acquiring an additional 3,725 shares during the last quarter. Finally, CRA Financial Services LLC acquired a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter worth approximately $265,000.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.

See Also