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 large increase in short interest during the month of May. As of May 31st, there was short interest totalling 138,800 shares, an increase of 50.4% from the May 15th total of 92,300 shares. Based on an average daily trading volume, of 52,700 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth approximately $5,684,000. Rovin Capital UT ADV acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter worth approximately $2,688,000. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 95.9% during the third quarter. Envestnet Asset Management Inc. now owns 220,429 shares of the company’s stock worth $4,718,000 after buying an additional 107,921 shares during the last quarter. Paradiem LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth approximately $2,393,000. Finally, S.E.E.D. Planning Group LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth approximately $1,927,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Down 0.3 %

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF stock traded down $0.07 during trading on Friday, hitting $22.14. 50,025 shares of the stock traded hands, compared to its average volume of 55,750. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a twelve month low of $20.89 and a twelve month high of $22.54. The company has a fifty day moving average price of $22.09 and a two-hundred day moving average price of $22.21.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, May 24th. Investors of record on Tuesday, May 21st were issued a $0.129 dividend. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, May 20th.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.