Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Down 66.1% in October

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,900 shares, a drop of 66.1% from the October 15th total of 11,500 shares. Based on an average daily volume of 178,000 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSJO. GAMMA Investing LLC purchased a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 2nd quarter valued at about $39,000. Unique Wealth Strategies LLC acquired a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter worth $63,000. Hobbs Group Advisors LLC acquired a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter worth about $78,000. Larson Financial Group LLC boosted its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 60.4% in the 2nd quarter. Larson Financial Group LLC now owns 9,895 shares of the company’s stock valued at $225,000 after purchasing an additional 3,725 shares in the last quarter. Finally, CRA Financial Services LLC acquired a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $265,000.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:BSJO remained flat at $22.68 on Tuesday. The company’s stock had a trading volume of 54,109 shares, compared to its average volume of 186,680. The firm’s 50-day moving average price is $22.70 and its 200-day moving average price is $22.71. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 1 year low of $22.47 and a 1 year high of $22.93.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date of this dividend was Monday, October 21st.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.