Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Increases By 190.0%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 110,255 shares, an increase of 190.0% from the December 31st total of 38,013 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 278,128 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 278,128 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Down 0.0%

BSJR stock opened at $22.59 on Thursday. The stock’s 50 day simple moving average is $22.61 and its 200 day simple moving average is $22.67. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a fifty-two week low of $21.54 and a fifty-two week high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.1052 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSJR. Royal Bank of Canada lifted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% in the first quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock valued at $3,519,000 after buying an additional 6,193 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% in the 1st quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock worth $2,830,000 after acquiring an additional 76,426 shares during the last quarter. Farther Finance Advisors LLC bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 2nd quarter valued at about $185,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.8% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 32,718 shares of the company’s stock valued at $743,000 after purchasing an additional 878 shares during the last quarter. Finally, McElhenny Sheffield Capital Management LLC acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 2nd quarter valued at about $31,000.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.