Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Drop in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 35,000 shares, a drop of 67.7% from the December 31st total of 108,300 shares. Based on an average daily trading volume, of 102,800 shares, the short-interest ratio is presently 0.3 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Voisard Asset Management Group Inc. purchased a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $102,000. Alaska Permanent Capital Management purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at $117,000. Horizons Wealth Management increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 91.3% in the 4th quarter. Horizons Wealth Management now owns 7,088 shares of the company’s stock valued at $159,000 after acquiring an additional 3,383 shares during the period. Alaska Wealth Advisors bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth $201,000. Finally, Larson Financial Group LLC lifted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 89.3% during the 3rd quarter. Larson Financial Group LLC now owns 9,083 shares of the company’s stock worth $206,000 after purchasing an additional 4,284 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJR traded down $0.01 during trading on Wednesday, reaching $22.59. 13,257 shares of the company were exchanged, compared to its average volume of 113,277. The business’s fifty day simple moving average is $22.54 and its 200-day simple moving average is $22.52. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12-month low of $21.82 and a 12-month high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a dividend of $0.1219 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.