Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Update

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 46,406 shares, a drop of 45.5% from the June 30th total of 85,110 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 66,553 shares, the days-to-cover ratio is presently 0.7 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Up 0.3%

Invesco BulletShares 2030 High Yield Corporate Bond ETF stock traded up $0.07 during midday trading on Thursday, reaching $25.59. The stock had a trading volume of 12,531 shares, compared to its average volume of 66,086. The firm’s fifty day simple moving average is $25.78 and its 200-day simple moving average is $25.87. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1-year low of $25.22 and a 1-year high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a $0.1477 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a yield of 6.9%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BSJU. Keel Point LLC increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 22.6% during the first quarter. Keel Point LLC now owns 25,352 shares of the company’s stock worth $649,000 after buying an additional 4,681 shares during the period. Asset Dedication LLC bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 1st quarter worth about $104,000. Royal Bank of Canada lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 17.2% in the 1st quarter. Royal Bank of Canada now owns 22,454 shares of the company’s stock valued at $575,000 after purchasing an additional 3,294 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 81.9% during the 1st quarter. Cetera Investment Advisers now owns 173,308 shares of the company’s stock worth $4,435,000 after buying an additional 78,018 shares in the last quarter. Finally, IMA Advisory Services Inc. increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.7% in the 1st quarter. IMA Advisory Services Inc. now owns 8,494 shares of the company’s stock valued at $217,000 after acquiring an additional 459 shares in the last quarter.

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.