Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Grows By 157.3%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 148,781 shares, an increase of 157.3% from the June 15th total of 57,825 shares. Based on an average daily volume of 202,006 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are sold short.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Invesco BulletShares 2027 High Yield Corporate Bond ETF stock opened at $22.36 on Tuesday. The firm has a 50-day moving average price of $22.39 and a two-hundred day moving average price of $22.48. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $22.19 and a 52-week high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.0982 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 5.3%.

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

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock worth $3,519,000 after buying an additional 6,193 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% during the 1st quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock valued at $2,830,000 after acquiring an additional 76,426 shares in the last quarter. Invesco Ltd. increased its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.9% in the second quarter. Invesco Ltd. now owns 133,930 shares of the company’s stock worth $3,041,000 after acquiring an additional 30,022 shares during the last quarter. HUB Investment Partners LLC increased its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% in the second quarter. HUB Investment Partners LLC now owns 85,148 shares of the company’s stock worth $1,933,000 after acquiring an additional 1,858 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.5% during the second quarter. Raymond James Financial Inc. now owns 664,240 shares of the company’s stock worth $15,082,000 after acquiring an additional 52,175 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.