Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 61,715 shares, a decline of 71.0% from the June 30th total of 213,173 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 184,574 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 23.9% during the first quarter. Royal Bank of Canada now owns 49,448 shares of the company’s stock worth $1,042,000 after purchasing an additional 9,533 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2,821.7% in the 1st quarter. NewEdge Advisors LLC now owns 59,194 shares of the company’s stock worth $1,248,000 after purchasing an additional 57,168 shares in the last quarter. Brown Advisory Inc. acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 2nd quarter worth $304,000. HUB Investment Partners LLC grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.5% during the 2nd quarter. HUB Investment Partners LLC now owns 37,963 shares of the company’s stock worth $817,000 after buying an additional 920 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 13.4% during the 2nd quarter. Raymond James Financial Inc. now owns 142,219 shares of the company’s stock worth $3,061,000 after buying an additional 16,842 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJT opened at $20.99 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a fifty-two week low of $20.72 and a fifty-two week high of $21.75. The company’s 50-day simple moving average is $21.15 and its 200-day simple moving average is $21.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.1137 per share. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a yield of 6.5%.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.