Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Update

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 84,900 shares, a drop of 38.8% from the May 31st total of 138,800 shares. Based on an average daily volume of 53,700 shares, the short-interest ratio is currently 1.6 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Down 0.1 %

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF stock traded down $0.02 on Friday, hitting $22.08. The stock had a trading volume of 66,419 shares, compared to its average volume of 56,886. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a one year low of $20.89 and a one year high of $22.54. The stock’s 50-day simple moving average is $22.11 and its two-hundred day simple moving average is $22.22.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a $0.1264 dividend. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.52 annualized dividend and a dividend yield of 6.87%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter valued at $5,684,000. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 248,065 shares of the company’s stock valued at $5,310,000 after acquiring an additional 19,120 shares in the last quarter. Cetera Advisors LLC boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 12.4% in the first quarter. Cetera Advisors LLC now owns 230,440 shares of the company’s stock valued at $5,127,000 after acquiring an additional 25,372 shares in the last quarter. LPL Financial LLC boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.8% in the third quarter. LPL Financial LLC now owns 229,638 shares of the company’s stock valued at $4,915,000 after acquiring an additional 45,603 shares in the last quarter. Finally, SFE Investment Counsel boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.0% in the fourth quarter. SFE Investment Counsel now owns 226,086 shares of the company’s stock valued at $5,057,000 after acquiring an additional 16,811 shares in the last quarter.

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.