Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Update

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 9,400 shares, a decline of 89.4% from the June 15th total of 88,500 shares. Based on an average daily trading volume, of 169,400 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSJO. Goldman Sachs Group Inc. acquired a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF in the fourth quarter worth about $26,454,000. Mirador Capital Partners LP boosted its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 35.1% in the 4th quarter. Mirador Capital Partners LP now owns 3,382,059 shares of the company’s stock worth $76,823,000 after purchasing an additional 877,779 shares during the period. Cetera Investment Advisers purchased a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 1st quarter worth approximately $17,997,000. Milestone Asset Management LLC grew its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 1,759.7% during the 1st quarter. Milestone Asset Management LLC now owns 486,011 shares of the company’s stock worth $11,047,000 after purchasing an additional 459,877 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 27.0% in the fourth quarter. UBS Group AG now owns 1,642,120 shares of the company’s stock valued at $37,301,000 after purchasing an additional 349,604 shares in the last quarter.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Up 0.0 %

NASDAQ BSJO opened at $22.73 on Friday. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 1 year low of $22.32 and a 1 year high of $22.93. The business’s fifty day moving average is $22.75 and its two-hundred day moving average is $22.73.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a dividend of $0.1102 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.82%. The ex-dividend date was Monday, June 24th.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.