Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 66,300 shares, a growth of 125.5% from the February 28th total of 29,400 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 101,200 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Ancora Advisors LLC purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth $36,000. Horizons Wealth Management bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter valued at $40,000. NewEdge Advisors LLC grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 908.0% in the 4th quarter. NewEdge Advisors LLC now owns 2,026 shares of the company’s stock worth $43,000 after buying an additional 1,825 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 81.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,510 shares of the company’s stock worth $75,000 after acquiring an additional 1,580 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.3% during the 4th 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 during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.2 %

Shares of BSJT opened at $21.13 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $20.67 and a 1-year high of $22.25. The firm’s 50-day moving average price is $21.49 and its 200-day moving average price is $21.59.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.1171 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 is Monday, March 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.