Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 44.5% in December

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 42,300 shares, a decline of 44.5% from the December 15th total of 76,200 shares. Based on an average daily volume of 92,200 shares, the days-to-cover ratio is presently 0.5 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in BSJT. Horizons Wealth Management bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. boosted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 36.1% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,960 shares of the company’s stock valued at $41,000 after purchasing an additional 520 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 131.2% in the 3rd quarter. GAMMA Investing LLC now owns 3,692 shares of the company’s stock valued at $81,000 after purchasing an additional 2,095 shares during the last quarter. Key Financial Inc raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.4% during the third quarter. Key Financial Inc now owns 6,045 shares of the company’s stock worth $132,000 after buying an additional 1,375 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 118.2% in the third quarter. Larson Financial Group LLC now owns 8,050 shares of the company’s stock valued at $176,000 after buying an additional 4,361 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Up 0.2 %

BSJT traded up $0.04 during midday trading on Tuesday, hitting $21.34. The company had a trading volume of 25,860 shares, compared to its average volume of 84,836. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a twelve month low of $20.67 and a twelve month high of $22.25. The firm’s 50-day simple moving average is $21.59 and its 200-day simple moving average is $21.56.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.1323 per share. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.