Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Up 23.9% in June

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 105,200 shares, an increase of 23.9% from the June 15th total of 84,900 shares. Based on an average daily trading volume, of 62,500 shares, the days-to-cover ratio is currently 1.7 days.

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

Institutional investors have recently modified their holdings of the company. MONECO Advisors LLC raised its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.1% in the fourth quarter. MONECO Advisors LLC now owns 13,752 shares of the company’s stock valued at $308,000 after buying an additional 1,907 shares during the last quarter. Banta Asset Management LP raised its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 3.0% in the fourth quarter. Banta Asset Management LP now owns 188,435 shares of the company’s stock valued at $4,215,000 after buying an additional 5,500 shares during the last quarter. Advisory Alpha LLC raised its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 3.0% in the fourth quarter. Advisory Alpha LLC now owns 177,941 shares of the company’s stock valued at $3,980,000 after buying an additional 5,187 shares during the last quarter. Quad Cities Investment Group LLC grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 22.0% in the fourth quarter. Quad Cities Investment Group LLC now owns 11,535 shares of the company’s stock valued at $257,000 after purchasing an additional 2,079 shares during the period. Finally, Brookstone Capital Management grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 1.8% in the fourth quarter. Brookstone Capital Management now owns 36,144 shares of the company’s stock valued at $809,000 after purchasing an additional 637 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

BSJR traded down $0.01 during midday trading on Monday, reaching $22.35. 78,983 shares of the company’s stock were exchanged, compared to its average volume of 60,557. The business’s 50-day moving average price is $22.16 and its 200 day moving average price is $22.20. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $20.89 and a 1-year high of $22.54.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.1264 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.52 dividend on an annualized basis and a yield of 6.79%. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

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.