Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Decrease in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 18,162 shares, a drop of 44.7% from the September 30th total of 32,857 shares. Based on an average daily trading volume, of 232,197 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJR traded down $0.05 during trading hours on Friday, hitting $22.08. The company’s stock had a trading volume of 229,229 shares, compared to its average volume of 179,951. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12 month low of $22.05 and a 12 month high of $22.70. The company’s 50 day simple moving average is $22.24 and its two-hundred day simple moving average is $22.39.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were issued a dividend of $0.0978 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, October 19th. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of large investors have recently made changes to their positions in BSJR. Verity Asset Management Inc. purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at approximately $8,039,000. GPM Growth Investors Inc. purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth approximately $201,000. SFE Investment Counsel purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth approximately $7,647,000. Intrua Financial LLC purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth approximately $6,544,000. Finally, MGO One Seven LLC bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $4,141,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.