Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Declines By 19.9%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 40,300 shares, a drop of 19.9% from the November 15th total of 50,300 shares. Based on an average daily volume of 27,400 shares, the short-interest ratio is presently 1.5 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 3rd quarter valued at $629,000. MONECO Advisors LLC lifted its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 14.1% in the second quarter. MONECO Advisors LLC now owns 15,986 shares of the company’s stock valued at $406,000 after buying an additional 1,980 shares during the last quarter. SFE Investment Counsel lifted its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 39.8% in the third quarter. SFE Investment Counsel now owns 30,256 shares of the company’s stock valued at $798,000 after buying an additional 8,610 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.5% during the second quarter. Commonwealth Equity Services LLC now owns 100,741 shares of the company’s stock worth $2,559,000 after buying an additional 2,449 shares during the period. Finally, Trinity Legacy Partners LLC acquired a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the third quarter valued at about $7,368,000.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

BSJU stock traded down $0.06 during trading on Friday, reaching $26.06. 15,057 shares of the stock were exchanged, compared to its average volume of 21,345. The business has a 50 day moving average price of $26.08 and a 200-day moving average price of $25.95. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1 year low of $25.00 and a 1 year high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were given a dividend of $0.1586 per share. The ex-dividend date of this dividend was Monday, November 18th. This is a positive change from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous dividend of $0.15.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.