Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Up 177.4% in May

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 155,728 shares, a growth of 177.4% from the April 30th total of 56,147 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 142,249 shares, the days-to-cover ratio is currently 1.1 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJR opened at $22.42 on Monday. The stock’s fifty day simple moving average is $22.42 and its 200 day simple moving average is $22.53. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $22.19 and a 52-week high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.1011 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds have recently modified their holdings of BSJR. GAMMA Investing LLC grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% in the 4th quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock worth $26,000 after acquiring an additional 462 shares during the last quarter. Imprint Wealth LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter valued at $32,000. Wolff Wiese Magana LLC grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% during the fourth quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock valued at $33,000 after buying an additional 445 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter valued at $45,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock valued at $56,000 after buying an additional 1,103 shares in the last quarter.

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.