Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Up 69.2% in September

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 40,100 shares, a growth of 69.2% from the August 31st total of 23,700 shares. Based on an average daily volume of 95,400 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 95,400 shares, the days-to-cover ratio is presently 0.4 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. CWM LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 1st quarter valued at $50,000. Horizons Wealth Management boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 84.1% during the 3rd quarter. Horizons Wealth Management now owns 3,420 shares of the company’s stock worth $74,000 after buying an additional 1,562 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,730 shares of the company’s stock worth $102,000 after buying an additional 1,080 shares during the period. MorganRosel Wealth Management LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 1st quarter valued at about $127,000. Finally, Larson Financial Group LLC boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 10.7% in the 1st quarter. Larson Financial Group LLC now owns 8,514 shares of the company’s stock valued at $179,000 after purchasing an additional 824 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.0%

Shares of BSJT stock opened at $21.59 on Monday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $19.95 and a 52-week high of $22.00. The firm’s 50 day moving average price is $21.53 and its two-hundred day moving average price is $21.28.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a dividend of $0.1179 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Monday, September 22nd.

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.