Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 9.2% in March

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 27,600 shares, a drop of 9.2% from the March 15th total of 30,400 shares. Based on an average daily volume of 23,000 shares, the short-interest ratio is presently 1.2 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Up 0.0 %

NASDAQ:BSJT opened at $20.75 on Wednesday. The stock has a fifty day moving average price of $21.10 and a 200 day moving average price of $20.71. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12-month low of $19.29 and a 12-month high of $21.38.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.1146 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.38 dividend on an annualized basis and a yield of 6.63%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BSJT. Advisor Group Holdings Inc. purchased a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter valued at $75,000. Jane Street Group LLC raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 128.4% in the second quarter. Jane Street Group LLC now owns 110,187 shares of the company’s stock valued at $2,195,000 after buying an additional 61,937 shares in the last quarter. Bank of America Corp DE acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $40,000. Wells Fargo & Company MN raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 431.3% in the fourth quarter. Wells Fargo & Company MN now owns 110,092 shares of the company’s stock valued at $2,195,000 after buying an additional 89,371 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter valued at $32,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.