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

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 110,162 shares, a decrease of 28.2% from the January 29th total of 153,383 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 163,783 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 163,783 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the shares of the stock are sold short.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJT opened at $21.25 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a twelve month low of $19.95 and a twelve month high of $21.75. The business’s fifty day moving average is $21.50 and its 200 day moving average is $21.51.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a dividend of $0.1124 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BSJT. Private Trust Co. NA raised its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 328.7% in the 4th quarter. Private Trust Co. NA now owns 1,925 shares of the company’s stock valued at $41,000 after buying an additional 1,476 shares during the last quarter. Anchor Investment Management LLC increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 465.1% in the 3rd quarter. Anchor Investment Management LLC now owns 2,430 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares during the period. Horizons Wealth Management raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 84.1% during the third quarter. Horizons Wealth Management now owns 3,420 shares of the company’s stock valued at $74,000 after acquiring an additional 1,562 shares during the last quarter. Comerica Bank lifted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% during the fourth quarter. Comerica Bank now owns 4,698 shares of the company’s stock worth $101,000 after purchasing an additional 4,000 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.6% in the second quarter. Geneos Wealth Management Inc. now owns 4,730 shares of the company’s stock worth $102,000 after purchasing an additional 1,080 shares during the last quarter.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.