Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Update

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 52,100 shares, a decrease of 62.4% from the October 15th total of 138,500 shares. Based on an average daily volume of 93,200 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Down 0.1 %

BSJR opened at $22.62 on Friday. The stock has a fifty day simple moving average of $22.61 and a two-hundred day simple moving average of $22.37. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12-month low of $21.68 and a 12-month high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.126 dividend. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.51 dividend on an annualized basis and a yield of 6.68%.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth $5,905,000. Larson Financial Group LLC increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 89.3% during the third quarter. Larson Financial Group LLC now owns 9,083 shares of the company’s stock valued at $206,000 after acquiring an additional 4,284 shares in the last quarter. Altrius Capital Management Inc increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 120.3% during the third quarter. Altrius Capital Management Inc now owns 43,646 shares of the company’s stock valued at $991,000 after acquiring an additional 23,836 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at $220,000. Finally, Alaska Permanent Capital Management bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at $117,000.

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.