Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Increase 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 July. As of July 31st, there was short interest totalling 137,600 shares, an increase of 11.1% from the July 15th total of 123,800 shares. Based on an average daily volume of 68,900 shares, the days-to-cover ratio is presently 2.0 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of BSJR traded up $0.03 during mid-day trading on Friday, reaching $22.52. The company had a trading volume of 49,486 shares, compared to its average volume of 61,278. The stock has a 50 day moving average of $22.26 and a two-hundred day moving average of $22.20. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $20.89 and a 52-week high of $22.54.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were issued a $0.131 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. This represents a $1.57 annualized dividend and a yield of 6.98%.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. MONECO Advisors LLC lifted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.1% during the fourth quarter. MONECO Advisors LLC now owns 13,752 shares of the company’s stock worth $308,000 after purchasing an additional 1,907 shares during the last quarter. Rovin Capital UT ADV acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter valued at $2,688,000. GPM Growth Investors Inc. boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 0.9% in the 4th quarter. GPM Growth Investors Inc. now owns 182,391 shares of the company’s stock valued at $4,080,000 after purchasing an additional 1,650 shares during the period. Oder Investment Management LLC purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter worth about $943,000. Finally, Geneos Wealth Management Inc. lifted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 95.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,200 shares of the company’s stock worth $93,000 after acquiring an additional 2,050 shares in the last quarter.

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.