Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Large Decrease in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 6,400 shares, a decline of 57.3% from the February 28th total of 15,000 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 34,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

Hedge funds have recently modified their holdings of the business. Larson Financial Group LLC grew its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 168.6% during the fourth quarter. Larson Financial Group LLC now owns 1,222 shares of the company’s stock worth $31,000 after acquiring an additional 767 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth $63,000. Segment Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth $305,000. Bank of America Corp DE increased its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.8% in the 4th quarter. Bank of America Corp DE now owns 11,954 shares of the company’s stock valued at $307,000 after purchasing an additional 551 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 29.3% in the fourth quarter. HUB Investment Partners LLC now owns 15,018 shares of the company’s stock valued at $386,000 after purchasing an additional 3,403 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJU opened at $25.49 on Friday. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52-week low of $25.00 and a 52-week high of $26.58. The firm has a 50-day moving average price of $25.85 and a 200 day moving average price of $25.98.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1359 per share. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.