Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Significant Increase in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 56,427 shares, an increase of 84.9% from the September 15th total of 30,524 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 135,824 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of BSJS. Nalls Sherbakoff Group LLC purchased a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter valued at $53,000. AdvisorNet Financial Inc boosted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 10,000.0% in the first quarter. AdvisorNet Financial Inc now owns 2,828 shares of the company’s stock worth $61,000 after purchasing an additional 2,800 shares during the last quarter. IFP Advisors Inc boosted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 121.5% in the second quarter. IFP Advisors Inc now owns 2,880 shares of the company’s stock worth $63,000 after purchasing an additional 1,580 shares during the last quarter. Anchor Investment Management LLC boosted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 23.1% in the fourth quarter. Anchor Investment Management LLC now owns 8,525 shares of the company’s stock worth $188,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Denver PWM LLC purchased a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter worth about $206,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJS opened at $21.51 on Thursday. The business’s fifty day moving average price is $21.67 and its 200-day moving average price is $21.75. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1-year low of $21.37 and a 1-year high of $22.11.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.1046 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a decrease from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1086. This represents a $1.26 annualized dividend and a dividend yield of 5.8%.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.