Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Grows By 62.4%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 70,522 shares, a growth of 62.4% from the April 30th total of 43,419 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 137,805 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

BSJS stock traded down $0.02 during midday trading on Wednesday, hitting $21.81. 15,037 shares of the company’s stock were exchanged, compared to its average volume of 156,698. 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 firm has a 50 day moving average price of $21.79 and a 200-day moving average price of $21.91.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were paid a $0.1124 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. 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, May 18th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Atria Investments Inc bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the third quarter worth about $3,442,000. Prevail Innovative Wealth Advisors LLC bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the third quarter valued at about $1,540,000. Howard Wealth Management LLC increased its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 43.7% in the fourth quarter. Howard Wealth Management LLC now owns 171,482 shares of the company’s stock valued at $3,773,000 after buying an additional 52,163 shares during the last quarter. Leo Wealth LLC acquired a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $8,397,000. Finally, GPM Growth Investors Inc. lifted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 17.2% during the 4th quarter. GPM Growth Investors Inc. now owns 252,872 shares of the company’s stock worth $5,563,000 after buying an additional 37,174 shares during the last quarter.

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.