Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Drops By 67.7%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 35,000 shares, a drop of 67.7% from the December 31st total of 108,300 shares. Based on an average daily volume of 102,800 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at $507,000. Foundations Investment Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at about $246,000. Jane Street Group LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 47.7% in the 3rd quarter. Jane Street Group LLC now owns 88,954 shares of the company’s stock valued at $2,019,000 after purchasing an additional 28,726 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 3.6% during the third quarter. Stifel Financial Corp now owns 86,962 shares of the company’s stock valued at $1,974,000 after purchasing an additional 3,058 shares in the last quarter. Finally, Key Financial Inc increased its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.9% during the third quarter. Key Financial Inc now owns 16,869 shares of the company’s stock valued at $383,000 after buying an additional 2,435 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Down 0.0 %

NASDAQ BSJR traded down $0.01 during trading hours on Tuesday, reaching $22.59. The company’s stock had a trading volume of 123,864 shares, compared to its average volume of 119,274. The firm’s 50-day moving average price is $22.54 and its 200-day moving average price is $22.52. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $21.82 and a 1 year high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.1219 per share. The ex-dividend date was Tuesday, January 21st.

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.