Short Interest in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Expands By 61.3%

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 35,800 shares, a growth of 61.3% from the January 31st total of 22,200 shares. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the third quarter valued at about $650,000. Stephens Inc. AR acquired a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $311,000. Key Financial Inc raised its holdings in shares of 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. Rovin Capital UT ADV raised its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 21.9% in the 3rd quarter. Rovin Capital UT ADV now owns 48,628 shares of the company’s stock worth $1,078,000 after purchasing an additional 8,736 shares in the last quarter. Finally, Alaska Wealth Advisors acquired a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the third quarter valued at approximately $201,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of BSJS stock traded up $0.03 during midday trading on Tuesday, reaching $22.02. 186,005 shares of the company were exchanged, compared to its average volume of 133,951. The company’s 50 day moving average price is $21.93 and its two-hundred day moving average price is $21.98. 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 announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a $0.1184 dividend. The ex-dividend date was Monday, February 24th.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.