Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Down 39.4% in June

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 58,279 shares, a decrease of 39.4% from the June 15th total of 96,239 shares. Based on an average daily volume of 173,088 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Invesco BulletShares 2028 High Yield Corporate Bond ETF stock remained flat at $21.82 during midday trading on Friday. The company’s stock had a trading volume of 56,032 shares, compared to its average volume of 156,770. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $21.48 and a 12 month high of $22.24. The company’s fifty day simple moving average is $21.80 and its 200 day simple moving average is $21.87.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.1092 per share. This is a boost from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. LPL Financial LLC increased its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 21.0% in the fourth quarter. LPL Financial LLC now owns 2,153,307 shares of the company’s stock valued at $47,373,000 after purchasing an additional 374,157 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 20.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,087,591 shares of the company’s stock worth $23,927,000 after buying an additional 187,199 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 445.1% in the 3rd quarter. Raymond James Financial Inc. now owns 851,258 shares of the company’s stock worth $18,796,000 after buying an additional 695,104 shares during the last quarter. Cetera Investment Advisers grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.7% in the 1st quarter. Cetera Investment Advisers now owns 755,566 shares of the company’s stock valued at $16,384,000 after buying an additional 172,870 shares during the period. Finally, Mirador Capital Partners LP grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2,308.3% in the 2nd quarter. Mirador Capital Partners LP now owns 560,921 shares of the company’s stock valued at $12,197,000 after buying an additional 537,630 shares during the period.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.