Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Decrease in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 18,162 shares, a decline of 44.7% from the September 30th total of 32,857 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 232,197 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several large investors have recently bought and sold shares of BSJR. Verity Asset Management Inc. purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $8,039,000. GPM Growth Investors Inc. purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter valued at $201,000. SFE Investment Counsel purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter valued at $7,647,000. Intrua Financial LLC purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter valued at $6,544,000. Finally, MGO One Seven LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth $4,141,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Down 0.2%

NASDAQ BSJR traded down $0.05 during trading on Friday, hitting $22.08. The company had a trading volume of 229,229 shares, compared to its average volume of 179,951. The company’s fifty day moving average is $22.24 and its 200-day moving average is $22.39. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a one year low of $22.05 and a one year high of $22.70.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were paid a $0.0978 dividend. The ex-dividend date of this dividend was Monday, October 19th. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938. This represents a $1.17 dividend on an annualized basis and a yield of 5.3%.

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.