Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Large Decline in Short Interest

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totalling 46,900 shares, a decline of 78.5% from the July 31st total of 218,000 shares. Based on an average trading volume of 259,200 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Invesco BulletShares 2025 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers raised its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 12.3% during the second quarter. Cetera Investment Advisers now owns 1,215,835 shares of the company’s stock valued at $27,855,000 after buying an additional 133,123 shares in the last quarter. Advisory Alpha LLC raised its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 7.6% during the second quarter. Advisory Alpha LLC now owns 306,348 shares of the company’s stock valued at $7,018,000 after buying an additional 21,703 shares in the last quarter. NewEdge Advisors LLC raised its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 3.9% during the second quarter. NewEdge Advisors LLC now owns 54,980 shares of the company’s stock valued at $1,260,000 after buying an additional 2,064 shares in the last quarter. Straight Path Wealth Management raised its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 12.8% during the second quarter. Straight Path Wealth Management now owns 18,403 shares of the company’s stock valued at $422,000 after buying an additional 2,088 shares in the last quarter. Finally, Delta Investment Management LLC bought a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter valued at approximately $5,105,000.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ:BSJP traded up $0.02 during trading on Tuesday, hitting $23.08. The company’s stock had a trading volume of 541,380 shares, compared to its average volume of 271,271. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a fifty-two week low of $22.16 and a fifty-two week high of $23.13. The stock’s 50-day moving average price is $23.01 and its two-hundred day moving average price is $22.96.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were paid a dividend of $0.122 per share. The ex-dividend date of this dividend was Monday, August 19th. This represents a $1.46 annualized dividend and a yield of 6.34%. This is a boost from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.