Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Large Decrease in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 21,600 shares, a decline of 27.0% from the January 15th total of 29,600 shares. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is currently 0.7 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Up 0.2 %

Shares of NASDAQ BSJU traded up $0.05 during midday trading on Friday, reaching $26.05. The company’s stock had a trading volume of 46,599 shares, compared to its average volume of 33,413. The company has a 50 day moving average price of $25.87 and a 200 day moving average price of $26.02. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a one year low of $25.00 and a one year high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a $0.1397 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 168.6% during the fourth quarter. Larson Financial Group LLC now owns 1,222 shares of the company’s stock valued at $31,000 after acquiring an additional 767 shares during the period. Geneos Wealth Management Inc. acquired a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $63,000. Segment Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $305,000. HUB Investment Partners LLC raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 29.3% during the fourth quarter. HUB Investment Partners LLC now owns 15,018 shares of the company’s stock valued at $386,000 after acquiring an additional 3,403 shares during the period. Finally, 4Thought Financial Group Inc. raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.4% during the fourth quarter. 4Thought Financial Group Inc. now owns 18,295 shares of the company’s stock valued at $470,000 after acquiring an additional 434 shares during the period.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.