Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Down 15.5% in October

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 38,600 shares, a decline of 15.5% from the October 15th total of 45,700 shares. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $629,000. MONECO Advisors LLC boosted its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 14.1% during the 2nd quarter. MONECO Advisors LLC now owns 15,986 shares of the company’s stock valued at $406,000 after purchasing an additional 1,980 shares during the period. SFE Investment Counsel boosted its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 39.8% during the 3rd quarter. SFE Investment Counsel now owns 30,256 shares of the company’s stock valued at $798,000 after purchasing an additional 8,610 shares during the period. Commonwealth Equity Services LLC boosted its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 100,741 shares of the company’s stock valued at $2,559,000 after purchasing an additional 2,449 shares during the period. Finally, Trinity Legacy Partners LLC acquired a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $7,368,000.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJU traded down $0.12 during trading on Monday, reaching $25.90. The stock had a trading volume of 4,795 shares, compared to its average volume of 21,160. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a one year low of $24.42 and a one year high of $26.58. The firm’s 50 day moving average price is $26.19 and its two-hundred day moving average price is $25.88.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were issued a $0.155 dividend. This represents a $1.86 dividend on an annualized basis and a dividend yield of 7.18%. This is an increase from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, October 21st.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

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.