Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Expands By 363.3%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 80,876 shares, an increase of 363.3% from the December 15th total of 17,455 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 210,136 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 210,136 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in BSJT. Royal Bank of Canada grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 23.9% in the first quarter. Royal Bank of Canada now owns 49,448 shares of the company’s stock valued at $1,042,000 after purchasing an additional 9,533 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2,821.7% during the 1st quarter. NewEdge Advisors LLC now owns 59,194 shares of the company’s stock worth $1,248,000 after buying an additional 57,168 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $192,000. Meriwether Wealth & Planning LLC purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $212,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.7% in the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 34,268 shares of the company’s stock valued at $737,000 after acquiring an additional 903 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.0%

Shares of BSJT traded down $0.01 during mid-day trading on Tuesday, hitting $21.61. 84,349 shares of the company were exchanged, compared to its average volume of 223,618. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $19.95 and a 1-year high of $21.89. The company has a 50 day moving average of $21.50 and a 200-day moving average of $21.51.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.1156 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.