Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Rises By 574.2%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJTGet Free Report) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 53,575 shares, an increase of 574.2% from the April 15th total of 7,946 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 92,616 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

BSJT stock traded up $0.02 during midday trading on Wednesday, hitting $21.25. 62,170 shares of the company’s stock were exchanged, compared to its average volume of 137,224. The business has a 50-day simple moving average of $21.16 and a two-hundred day simple moving average of $21.38. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $20.72 and a 1-year high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were paid a $0.117 dividend. The ex-dividend date of this dividend was Monday, April 20th. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.2% in the fourth quarter. LPL Financial LLC now owns 2,444,246 shares of the company’s stock valued at $52,576,000 after buying an additional 163,307 shares in the last quarter. Legacy Financial Group LLC grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% in the fourth quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock valued at $17,596,000 after buying an additional 92,674 shares in the last quarter. Equitable Holdings Inc. grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 5.2% in the third quarter. Equitable Holdings Inc. now owns 625,312 shares of the company’s stock valued at $13,488,000 after buying an additional 30,815 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% in the fourth quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock valued at $12,796,000 after buying an additional 227,750 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 45.7% in the first quarter. Cetera Investment Advisers now owns 580,655 shares of the company’s stock valued at $12,214,000 after buying an additional 182,107 shares in the last quarter.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

(Get Free Report)

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.

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