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

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

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJR traded up $0.02 during midday trading on Monday, reaching $22.45. The company’s stock had a trading volume of 81,551 shares, compared to its average volume of 106,848. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a fifty-two week low of $21.82 and a fifty-two week high of $22.77. The business’s fifty day simple moving average is $22.55 and its 200-day simple moving average is $22.49.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.125 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of 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 BSJR. Captrust Financial Advisors acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth about $5,905,000. Cetera Investment Advisers increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 46.6% in the second quarter. Cetera Investment Advisers now owns 374,486 shares of the company’s stock worth $8,270,000 after purchasing an additional 119,045 shares during the period. Ironwood Financial llc increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 48.9% in the third quarter. Ironwood Financial llc now owns 341,832 shares of the company’s stock worth $7,760,000 after purchasing an additional 112,290 shares during the period. Mercer Global Advisors Inc. ADV increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 22.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 316,403 shares of the company’s stock worth $6,988,000 after purchasing an additional 58,363 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 18.3% in the second quarter. Envestnet Asset Management Inc. now owns 322,810 shares of the company’s stock worth $7,129,000 after purchasing an additional 49,995 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

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.