Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Update

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 22,200 shares, a decline of 81.5% from the January 15th total of 120,100 shares. Based on an average trading volume of 115,000 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Trading Up 0.4 %

NASDAQ:BSJS traded up $0.09 during midday trading on Thursday, reaching $22.02. 175,244 shares of the stock traded hands, compared to its average volume of 134,761. The company has a fifty day moving average of $21.91 and a 200 day moving average of $21.95. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $21.20 and a 12 month high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a dividend of $0.1236 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter valued at $40,000. Denver PWM LLC bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter valued at $50,000. IFP Advisors Inc bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter valued at $59,000. Horizons Wealth Management raised its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 85.1% during the 4th quarter. Horizons Wealth Management now owns 4,094 shares of the company’s stock valued at $89,000 after buying an additional 1,882 shares during the last quarter. Finally, Key Financial Inc raised its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 20.8% in the 3rd quarter. Key Financial Inc now owns 7,900 shares of the company’s stock worth $175,000 after purchasing an additional 1,360 shares in the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.