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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 20,200 shares, a drop of 56.8% from the February 28th total of 46,800 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 136,800 shares, the days-to-cover ratio is presently 0.1 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

BSJR opened at $22.40 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12-month low of $21.82 and a 12-month high of $22.77. The firm’s fifty day moving average price is $22.58 and its 200 day moving average price is $22.58.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1195 dividend. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in BSJR. Captrust Financial Advisors acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth $5,905,000. Cetera Investment Advisers increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 35.7% in the 4th quarter. Cetera Investment Advisers now owns 721,523 shares of the company’s stock valued at $16,162,000 after acquiring an additional 189,844 shares during the period. Raymond James Financial Inc. bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter valued at $3,506,000. Bright Futures Wealth Management LLC. acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter worth $2,929,000. Finally, Wells Fargo & Company MN grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 836,922 shares of the company’s stock worth $18,747,000 after purchasing an additional 117,807 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.