Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Drops By 37.6%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 41,886 shares, a decrease of 37.6% from the July 30th total of 67,092 shares. Based on an average daily trading volume, of 199,990 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJS opened at $21.75 on Monday. The company has a 50 day simple moving average of $21.77 and a two-hundred day simple moving average of $21.81. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $21.48 and a 12 month high of $22.24.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.1087 per share. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 3.5% during the first quarter. Geneos Wealth Management Inc. now owns 13,561 shares of the company’s stock valued at $294,000 after buying an additional 460 shares during the period. Valtinson Bruner Financial Planning LLC boosted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 3.9% during the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 22,094 shares of the company’s stock worth $486,000 after acquiring an additional 820 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 1.4% during the 4th quarter. NewEdge Advisors LLC now owns 66,402 shares of the company’s stock worth $1,461,000 after acquiring an additional 947 shares in the last quarter. Royal Bank of Canada grew its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 0.4% during the 1st quarter. Royal Bank of Canada now owns 250,641 shares of the company’s stock valued at $5,436,000 after acquiring an additional 1,004 shares during the period. Finally, IMA Advisory Services Inc. grew its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 3.6% during the 1st quarter. IMA Advisory Services Inc. now owns 30,174 shares of the company’s stock valued at $654,000 after acquiring an additional 1,053 shares during the period.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.