Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Expands By 70.4%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 74,800 shares, a growth of 70.4% from the October 31st total of 43,900 shares. Based on an average daily trading volume, of 70,300 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 118.2% during the third quarter. Larson Financial Group LLC now owns 8,050 shares of the company’s stock valued at $176,000 after buying an additional 4,361 shares during the period. Alaska Wealth Advisors purchased a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 3rd quarter valued at $201,000. Rovin Capital UT ADV boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 72.0% during the 3rd quarter. Rovin Capital UT ADV now owns 30,892 shares of the company’s stock valued at $675,000 after acquiring an additional 12,934 shares during the period. Key Financial Inc grew its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.4% in the 3rd quarter. Key Financial Inc now owns 6,045 shares of the company’s stock valued at $132,000 after acquiring an additional 1,375 shares during the last quarter. Finally, Stephens Inc. AR purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the third quarter worth $266,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Up 0.2 %

BSJT stock traded up $0.05 during mid-day trading on Friday, reaching $21.73. 10,537 shares of the stock traded hands, compared to its average volume of 41,866. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $20.40 and a one year high of $22.25. The business has a 50-day moving average price of $21.68 and a two-hundred day moving average price of $21.46.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a dividend of $0.1162 per share. The ex-dividend date was Monday, November 18th.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.