Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Stock Short Interest Climbs 132.7%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 46,979 shares, a growth of 132.7% from the September 15th total of 20,185 shares. Based on an average daily trading volume, of 105,766 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.4%

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded down $0.07 on Wednesday, reaching $20.68. The stock had a trading volume of 55,711 shares, compared to its average volume of 144,251. The company has a 50 day moving average price of $21.00 and a 200 day moving average price of $21.10. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1 year low of $20.54 and a 1 year high of $21.67.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.1110 per share. The ex-dividend date of this dividend was Monday, September 21st. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1106. This represents a $1.33 dividend on an annualized basis and a yield of 6.4%.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Institutional investors have recently bought and sold shares of the company. Claris Financial LLC acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 1st quarter valued at about $65,000. Horizons Wealth Management purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the third quarter valued at about $74,000. IFP Advisors Inc purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter valued at about $86,000. Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter valued at about $99,000. Finally, Tassel Capital Management Inc. boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 28.8% in the fourth quarter. Tassel Capital Management Inc. now owns 12,117 shares of the company’s stock worth $261,000 after acquiring an additional 2,709 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.