Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Growth in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 42,000 shares, an increase of 78.0% from the December 15th total of 23,600 shares. Based on an average daily trading volume, of 104,600 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. lifted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 28.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,298 shares of the company’s stock valued at $49,000 after acquiring an additional 510 shares during the period. Horizons Wealth Management raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 85.1% in the fourth quarter. Horizons Wealth Management now owns 4,094 shares of the company’s stock valued at $89,000 after purchasing an additional 1,882 shares in the last quarter. Key Financial Inc lifted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 20.8% during the third quarter. Key Financial Inc now owns 7,900 shares of the company’s stock worth $175,000 after purchasing an additional 1,360 shares during the period. Larson Financial Group LLC grew its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 120.8% during the third quarter. Larson Financial Group LLC now owns 8,045 shares of the company’s stock worth $178,000 after buying an additional 4,401 shares in the last quarter. Finally, Alaska Wealth Advisors bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter valued at about $201,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

BSJS opened at $21.98 on Friday. The stock has a fifty day moving average of $21.94 and a 200-day moving average of $21.91. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a fifty-two week low of $21.20 and a fifty-two week high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.1309 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.