Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Large Decrease in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 21,593 shares, a decrease of 69.5% from the August 31st total of 70,795 shares. Based on an average trading volume of 53,833 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are sold short.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSJU. Kinetic Wealth Investment Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the second quarter worth $3,108,000. Cetera Investment Advisers raised its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 81.9% in the first quarter. Cetera Investment Advisers now owns 173,308 shares of the company’s stock valued at $4,435,000 after buying an additional 78,018 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 96.5% in the fourth quarter. Harbour Investments Inc. now owns 63,870 shares of the company’s stock worth $1,667,000 after buying an additional 31,365 shares in the last quarter. Tudor Financial Inc. purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the second quarter worth about $690,000. Finally, Axim Planning & Wealth purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the fourth quarter worth about $680,000.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ:BSJU opened at $25.10 on Friday. The business’s 50 day moving average price is $25.62 and its 200-day moving average price is $25.73. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1 year low of $25.07 and a 1 year high of $26.29.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.1394 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.67 annualized dividend and a yield of 6.7%. This is a decrease from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1514.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

(Get Free Report)

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.

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