Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Increases By 7.4%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 46,200 shares, a growth of 7.4% from the October 15th total of 43,000 shares. Based on an average daily volume of 92,400 shares, the days-to-cover ratio is currently 0.5 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ:BSJS opened at $21.94 on Tuesday. The business has a fifty day simple moving average of $22.04 and a 200-day simple moving average of $21.79. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52 week low of $20.83 and a 52 week high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Monday, November 18th will be issued a $0.1357 dividend. The ex-dividend date is Monday, November 18th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 28.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,298 shares of the company’s stock worth $49,000 after acquiring an additional 510 shares during the last quarter. Larson Financial Group LLC acquired a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter valued at $78,000. Key Financial Inc purchased a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 2nd quarter valued at $140,000. Alaska Wealth Advisors purchased a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter valued at $201,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter worth $221,000.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.