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) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 120,724 shares, a decline of 56.2% from the February 12th total of 275,731 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 130,824 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 130,824 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% during the fourth quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock valued at $26,000 after purchasing an additional 462 shares during the period. Imprint Wealth LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the fourth quarter worth $32,000. Wolff Wiese Magana LLC raised its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% during the 4th quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock valued at $33,000 after buying an additional 445 shares during the last quarter. Asset Dedication LLC purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 2nd quarter valued at $45,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock valued at $56,000 after buying an additional 1,103 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJR remained flat at $22.41 during trading on Friday. 109,137 shares of the company’s stock traded hands, compared to its average volume of 207,891. The business’s 50-day moving average price is $22.60 and its two-hundred day moving average price is $22.65. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a twelve month low of $21.54 and a twelve month high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a dividend of $0.0981 per share. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 5.3%.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.