Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Shares Shorted: Short Interest Down 39.2% in September

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 163,465 shares, a drop of 39.2% from the August 31st total of 268,828 shares. Based on an average daily trading volume, of 143,668 shares, the short-interest ratio is presently 1.1 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BSJR. Bank of America Corp DE lifted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 149.6% during the first quarter. Bank of America Corp DE now owns 536,744 shares of the company’s stock worth $12,004,000 after buying an additional 321,691 shares during the last quarter. Matthew Goff Investment Advisor LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter worth $6,780,000. OLD Second National Bank of Aurora acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter worth $5,829,000. Cetera Investment Advisers increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 15.0% during the first quarter. Cetera Investment Advisers now owns 1,612,081 shares of the company’s stock worth $36,054,000 after acquiring an additional 210,151 shares during the period. Finally, Mirador Capital Partners LP raised its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 6.3% during the 2nd quarter. Mirador Capital Partners LP now owns 2,395,160 shares of the company’s stock valued at $53,521,000 after purchasing an additional 142,552 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ:BSJR opened at $22.13 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a fifty-two week low of $22.07 and a fifty-two week high of $22.77. The business has a 50-day moving average of $22.32 and a two-hundred day moving average of $22.37.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.0938 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.13 annualized dividend and a dividend yield of 5.1%. This is a decrease from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0975.

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.