Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 30,400 shares, a growth of 111.1% from the February 29th total of 14,400 shares. Based on an average trading volume of 23,400 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. OLD Mission Capital LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $1,756,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth about $551,000. TCG Advisory Services LLC grew its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 39.4% in the fourth quarter. TCG Advisory Services LLC now owns 30,881 shares of the company’s stock worth $654,000 after purchasing an additional 8,721 shares during the period. Benjamin F. Edwards & Company Inc. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth about $29,000. Finally, SFE Investment Counsel purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth about $1,107,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT stock traded down $0.01 during mid-day trading on Thursday, reaching $21.18. The stock had a trading volume of 22,993 shares, compared to its average volume of 22,856. The stock’s 50-day moving average price is $21.12 and its two-hundred day moving average price is $20.61. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $19.29 and a 52-week high of $21.38.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.1146 per share. This represents a $1.38 annualized dividend and a dividend yield of 6.49%. The ex-dividend date was Monday, March 18th.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.