Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Decreases By 21.3%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 22,200 shares, a drop of 21.3% from the August 31st total of 28,200 shares. Based on an average daily trading volume, of 83,700 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJS traded up $0.07 during midday trading on Friday, reaching $22.12. 100,540 shares of the company traded hands, compared to its average volume of 74,296. The firm’s fifty day moving average price is $21.89 and its two-hundred day moving average price is $21.65. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $20.05 and a 12 month high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were given a $0.129 dividend. The ex-dividend date was Monday, August 19th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 7.00%.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. boosted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 28.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,298 shares of the company’s stock valued at $49,000 after purchasing an additional 510 shares during the period. Larson Financial Group LLC bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter worth approximately $78,000. Key Financial Inc purchased a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 2nd quarter valued at $140,000. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter worth about $274,000. Finally, Rovin Capital UT ADV bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $285,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.