Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Shares Shorted: Short Interest Down 79.9% in September

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 32,857 shares, a decrease of 79.9% from the September 15th total of 163,465 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 174,022 shares, the short-interest ratio is presently 0.2 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF stock traded up $0.01 on Monday, hitting $22.23. The stock had a trading volume of 80,181 shares, compared to its average volume of 180,434. The business’s 50 day moving average is $22.31 and its two-hundred day moving average is $22.36. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a twelve month low of $22.07 and a twelve month high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.0938 per share. This is a decrease from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0975. This represents a $1.13 annualized dividend and a yield of 5.1%. The ex-dividend date was Monday, September 21st.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSJR. GAMMA Investing LLC bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter valued at $30,000. Western Wealth Management LLC bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth about $45,000. Farther Finance Advisors LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth about $46,000. CoreCap Advisors LLC purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth about $51,000. Finally, Asset Dedication LLC lifted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% during the 1st quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after purchasing an additional 882 shares in the last quarter.

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.