Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Decreases By 68.9%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 25,126 shares, a decline of 68.9% from the August 15th total of 80,799 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 80,277 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Up 0.2%

Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded up $0.04 during mid-day trading on Monday, reaching $21.07. The company’s stock had a trading volume of 38,097 shares, compared to its average volume of 148,781. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12 month low of $20.72 and a 12 month high of $21.75. The business’s 50 day simple moving average is $21.13 and its 200 day simple moving average is $21.16.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.1106 dividend. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 6.3%.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.3% in the second quarter. Integrated Wealth Concepts LLC now owns 18,521 shares of the company’s stock valued at $391,000 after purchasing an additional 1,268 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.3% in the 2nd quarter. NewEdge Advisors LLC now owns 75,177 shares of the company’s stock valued at $1,588,000 after buying an additional 2,425 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $86,000. Kinetic Wealth Investment Advisors LLC bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter valued at $3,233,000. Finally, Citadel Advisors LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 68.8% during the second quarter. Citadel Advisors LLC now owns 25,557 shares of the company’s stock worth $540,000 after buying an additional 10,417 shares during the last quarter.

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.