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

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

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the company. Kraft Davis & Associates LLC boosted its position in shares of 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 valued at $602,000 after acquiring an additional 1,606 shares during the period. Jane Street Group LLC raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 250.8% in the first quarter. Jane Street Group LLC now owns 318,513 shares of the company’s stock valued at $6,899,000 after buying 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 first quarter valued at approximately $534,000. Cetera Investment Advisers acquired a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the first quarter worth approximately $1,696,000. Finally, Cetera Advisors LLC increased its stake in 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 worth $1,626,000 after acquiring an additional 20,152 shares during the period.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

Shares of BSJS traded up $0.02 during trading hours on Friday, hitting $22.05. The company had a trading volume of 59,353 shares, compared to its average volume of 76,407. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $20.83 and a 12 month high of $22.45. The business has a fifty day moving average of $22.04 and a 200-day moving average of $21.78.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.135 per share. This is a boost 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 7.35%. The ex-dividend date of this dividend was Monday, October 21st.

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.