Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Drops By 83.3%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 38,303 shares, a decrease of 83.3% from the April 30th total of 229,393 shares. Based on an average daily volume of 41,988 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BSJU. Raymond James Financial Inc. grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 34.4% during the 2nd quarter. Raymond James Financial Inc. now owns 53,772 shares of the company’s stock valued at $1,399,000 after acquiring an additional 13,776 shares during the period. Ameriprise Financial Inc. grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 21.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 46,256 shares of the company’s stock valued at $1,203,000 after acquiring an additional 8,124 shares during the period. Bank of America Corp DE grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 104.2% during the 2nd quarter. Bank of America Corp DE now owns 28,966 shares of the company’s stock valued at $754,000 after acquiring an additional 14,784 shares during the period. Equitable Holdings Inc. grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 24.7% during the 2nd quarter. Equitable Holdings Inc. now owns 237,888 shares of the company’s stock valued at $6,189,000 after acquiring an additional 47,049 shares during the period. Finally, Osaic Holdings Inc. grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 84.8% during the 2nd quarter. Osaic Holdings Inc. now owns 37,680 shares of the company’s stock valued at $980,000 after acquiring an additional 17,294 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Up 0.1%

Shares of BSJU stock opened at $25.81 on Thursday. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52-week low of $25.22 and a 52-week high of $26.35. The company has a 50-day simple moving average of $25.76 and a two-hundred day simple moving average of $25.96.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.1519 dividend. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

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.