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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 48,340 shares, a growth of 166.2% from the October 15th total of 18,162 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 177,967 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of BSJR opened at $22.02 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a one year low of $22.00 and a one year high of $22.70. The firm has a 50 day simple moving average of $22.18 and a two-hundred day simple moving average of $22.37.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of BSJR. GAMMA Investing LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth $30,000. Richards Merrill & Peterson Inc. acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $42,000. Western Wealth Management LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter valued at about $45,000. Farther Finance Advisors LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $46,000. Finally, CoreCap Advisors LLC bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $51,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

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.