Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Grows By 28.6%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 42,700 shares, a growth of 28.6% from the January 15th total of 33,200 shares. Based on an average trading volume of 123,000 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

BSJR stock traded up $0.02 during midday trading on Friday, reaching $22.67. The company’s stock had a trading volume of 182,154 shares, compared to its average volume of 136,918. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $21.82 and a 1 year high of $22.77. The stock has a fifty day simple moving average of $22.54 and a two-hundred day simple moving average of $22.55.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.1219 dividend. The ex-dividend date was Tuesday, January 21st.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at approximately $507,000. Foundations Investment Advisors LLC purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth $246,000. Jane Street Group LLC raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 47.7% during the 3rd quarter. Jane Street Group LLC now owns 88,954 shares of the company’s stock valued at $2,019,000 after purchasing an additional 28,726 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 3.6% in the 3rd quarter. Stifel Financial Corp now owns 86,962 shares of the company’s stock worth $1,974,000 after buying an additional 3,058 shares during the period. Finally, Key Financial Inc grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.9% during the 3rd quarter. Key Financial Inc now owns 16,869 shares of the company’s stock worth $383,000 after buying an additional 2,435 shares in the last quarter.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.