Short Interest in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Drops By 56.4%

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,700 shares, a drop of 56.4% from the October 31st total of 3,900 shares. Based on an average daily trading volume, of 159,800 shares, the days-to-cover ratio is currently 0.0 days.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Up 0.0 %

Shares of BSJO stock traded up $0.01 during trading hours on Thursday, reaching $22.63. 270,801 shares of the company’s stock were exchanged, compared to its average volume of 187,158. The business has a fifty day moving average price of $22.68 and a 200-day moving average price of $22.70. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a fifty-two week low of $22.54 and a fifty-two week high of $22.93.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a $0.1037 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter worth about $39,000. Unique Wealth Strategies LLC bought a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter valued at approximately $63,000. Hobbs Group Advisors LLC acquired a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter valued at $78,000. Larson Financial Group LLC raised its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 60.4% in the second quarter. Larson Financial Group LLC now owns 9,895 shares of the company’s stock valued at $225,000 after purchasing an additional 3,725 shares in the last quarter. Finally, CRA Financial Services LLC bought a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter worth $265,000.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.