Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Decline in Short Interest

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 45,985 shares, a decline of 89.9% from the May 14th total of 454,392 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 269,015 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BSJT. Private Trust Co. NA grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 328.7% during the fourth quarter. Private Trust Co. NA now owns 1,925 shares of the company’s stock valued at $41,000 after purchasing an additional 1,476 shares during the last quarter. Anchor Investment Management LLC grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 465.1% during the third quarter. Anchor Investment Management LLC now owns 2,430 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares during the last quarter. Claris Financial LLC bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter valued at approximately $65,000. Fifth Third Bancorp bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter valued at approximately $99,000. Finally, Comerica Bank grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% during the fourth quarter. Comerica Bank now owns 4,698 shares of the company’s stock valued at $101,000 after purchasing an additional 4,000 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Up 0.1%

Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded up $0.03 during midday trading on Tuesday, hitting $21.17. The stock had a trading volume of 132,615 shares, compared to its average volume of 150,923. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12 month low of $20.72 and a 12 month high of $21.75. The business has a fifty day moving average price of $21.19 and a 200 day moving average price of $21.34.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.1197 dividend. The ex-dividend date of this dividend was Monday, May 18th.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.