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

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 70,600 shares, a decline of 37.0% from the August 15th total of 112,000 shares. Based on an average daily volume of 49,900 shares, the days-to-cover ratio is currently 1.4 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT traded up $0.05 during mid-day trading on Friday, reaching $21.79. The company’s stock had a trading volume of 68,885 shares, compared to its average volume of 33,117. The business has a fifty day moving average of $21.47 and a 200 day moving average of $21.21. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1 year low of $19.29 and a 1 year high of $21.83.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were paid a $0.134 dividend. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.61 annualized dividend and a yield of 7.38%. The ex-dividend date was Monday, August 19th.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of BSJT. Benjamin F. Edwards & Company Inc. lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 36.1% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,960 shares of the company’s stock worth $41,000 after purchasing an additional 520 shares in the last quarter. GAMMA Investing LLC acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 2nd quarter valued at approximately $33,000. 4Thought Financial Group Inc. lifted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 11.8% in the 2nd quarter. 4Thought Financial Group Inc. now owns 21,385 shares of the company’s stock worth $448,000 after buying an additional 2,249 shares in the last quarter. Larson Financial Group LLC acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 2nd quarter worth about $77,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 16.0% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,171 shares of the company’s stock worth $639,000 after buying an additional 4,156 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.