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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 18,162 shares, a drop of 44.7% from the September 30th total of 32,857 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 232,197 shares, the days-to-cover ratio is presently 0.1 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:BSJR traded down $0.05 during trading hours on Friday, hitting $22.08. The stock had a trading volume of 229,229 shares, compared to its average volume of 179,951. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $22.05 and a 1-year high of $22.70. The stock’s fifty day simple moving average is $22.24 and its 200 day simple moving average is $22.39.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a dividend of $0.0978 per share. The ex-dividend date of this dividend was Monday, October 19th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938. This represents a $1.17 annualized dividend and a yield of 5.3%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Asset Dedication LLC increased its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the first quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after buying an additional 882 shares during the last quarter. Geneos Wealth Management Inc. raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 6.2% in the first quarter. Geneos Wealth Management Inc. now owns 19,930 shares of the company’s stock worth $446,000 after purchasing an additional 1,160 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at $30,000. Richards Merrill & Peterson Inc. bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at approximately $42,000. Finally, Anchor Investment Management LLC increased its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 10.5% in the first quarter. Anchor Investment Management LLC now owns 20,990 shares of the company’s stock valued at $469,000 after buying an additional 2,000 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.