Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Decreases By 58.9%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 50,746 shares, a decrease of 58.9% from the May 31st total of 123,360 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 87,557 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Hedge funds have recently made changes to their positions in the company. Keel Point LLC increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 22.6% during the 1st quarter. Keel Point LLC now owns 25,352 shares of the company’s stock valued at $649,000 after purchasing an additional 4,681 shares during the last quarter. Asset Dedication LLC purchased a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 1st quarter valued at $104,000. Royal Bank of Canada increased its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 17.2% in the first quarter. Royal Bank of Canada now owns 22,454 shares of the company’s stock worth $575,000 after purchasing an additional 3,294 shares during the period. Cetera Investment Advisers lifted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 81.9% during the first quarter. Cetera Investment Advisers now owns 173,308 shares of the company’s stock worth $4,435,000 after purchasing an additional 78,018 shares during the last quarter. Finally, IMA Advisory Services Inc. boosted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.7% during the first quarter. IMA Advisory Services Inc. now owns 8,494 shares of the company’s stock valued at $217,000 after purchasing an additional 459 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

NASDAQ BSJU opened at $25.81 on Wednesday. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12 month low of $25.22 and a 12 month high of $26.35. The company’s 50 day moving average is $25.81 and its two-hundred day moving average is $25.93.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.1478 dividend. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date was Monday, June 22nd. This is an increase from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.