Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Up 7.4% in October

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 46,200 shares, an increase of 7.4% from the October 15th total of 43,000 shares. Based on an average daily volume of 92,400 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Kraft Davis & Associates LLC grew its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 6.1% in the first quarter. Kraft Davis & Associates LLC now owns 27,992 shares of the company’s stock worth $602,000 after purchasing an additional 1,606 shares in the last quarter. Jane Street Group LLC grew its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 250.8% in the 1st quarter. Jane Street Group LLC now owns 318,513 shares of the company’s stock worth $6,899,000 after acquiring an additional 227,711 shares in the last quarter. Comerica Bank bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 1st quarter valued at approximately $534,000. Cetera Investment Advisers acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 1st quarter valued at approximately $1,696,000. Finally, Cetera Advisors LLC raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 36.7% during the 1st quarter. Cetera Advisors LLC now owns 75,067 shares of the company’s stock valued at $1,626,000 after acquiring an additional 20,152 shares in the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF stock traded down $0.12 on Monday, hitting $21.93. 13,625 shares of the company’s stock traded hands, compared to its average volume of 76,125. The firm’s 50-day moving average is $22.04 and its 200 day moving average is $21.79. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52-week low of $20.83 and a 52-week high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a dividend of $0.135 per share. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. This represents a $1.62 annualized dividend and a yield of 7.39%. The ex-dividend date of this dividend was Monday, October 21st.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.