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 significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 29,400 shares, a drop of 64.6% from the February 13th total of 83,100 shares. Based on an average daily volume of 103,700 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in BSJT. Ancora Advisors LLC bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter valued at $36,000. Horizons Wealth Management acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth approximately $40,000. NewEdge Advisors LLC raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 908.0% in the fourth quarter. NewEdge Advisors LLC now owns 2,026 shares of the company’s stock worth $43,000 after purchasing an additional 1,825 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 81.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,510 shares of the company’s stock valued at $75,000 after acquiring an additional 1,580 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.3% in the fourth quarter. GAMMA Investing LLC now owns 4,772 shares of the company’s stock valued at $102,000 after acquiring an additional 1,080 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.1 %

NASDAQ BSJT opened at $21.27 on Thursday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $20.67 and a one year high of $22.25. The stock’s 50-day moving average is $21.53 and its 200-day moving average is $21.62.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a $0.1168 dividend. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, February 24th.

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.