Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Expands By 26.2%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 56,900 shares, an increase of 26.2% from the June 15th total of 45,100 shares. Based on an average daily trading volume, of 35,000 shares, the days-to-cover ratio is currently 1.6 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJT remained flat at $21.38 during trading hours on Monday. The company’s stock had a trading volume of 54,613 shares, compared to its average volume of 29,137. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1 year low of $19.29 and a 1 year high of $21.41. The business has a fifty day moving average of $21.12 and a two-hundred day moving average of $21.09.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.1248 per share. This represents a $1.50 annualized dividend and a dividend yield of 7.01%. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, June 24th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSJT. GAMMA Investing LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter valued at $33,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 16.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,171 shares of the company’s stock worth $639,000 after purchasing an additional 4,156 shares during the period. MONECO Advisors LLC raised its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 125.7% during the first quarter. MONECO Advisors LLC now owns 34,741 shares of the company’s stock worth $736,000 after purchasing an additional 19,349 shares during the period. Rovin Capital UT ADV bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter worth about $264,000. Finally, TCG Advisory Services LLC grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 39.4% during the fourth quarter. TCG Advisory Services LLC now owns 30,881 shares of the company’s stock worth $654,000 after buying an additional 8,721 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.