Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Growth in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 317,259 shares, an increase of 113.2% from the June 30th total of 148,781 shares. Based on an average daily trading volume, of 157,035 shares, the short-interest ratio is currently 2.0 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several institutional investors have recently made changes to their positions in BSJR. Glass Jacobson Investment Advisors llc boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 39.7% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 110,365 shares of the company’s stock valued at $2,496,000 after acquiring an additional 31,381 shares during the last quarter. Banta Asset Management LP acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter worth about $7,031,000. Clearstead Advisors LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter worth about $677,000. Larson Financial Group LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.0% in the 4th quarter. Larson Financial Group LLC now owns 965,131 shares of the company’s stock worth $21,826,000 after purchasing an additional 294,837 shares during the period. Finally, Lido Advisors LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter valued at about $1,421,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ BSJR traded up $0.02 on Tuesday, reaching $22.29. 160,650 shares of the company traded hands, compared to its average volume of 177,949. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a fifty-two week low of $22.19 and a fifty-two week high of $22.86. The company has a 50 day moving average of $22.37 and a 200 day moving average of $22.46.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.0985 dividend. The ex-dividend date was Monday, July 20th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 5.3%.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

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.