Short Interest in Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Drops By 17.5%

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 38,700 shares, a decline of 17.5% from the September 15th total of 46,900 shares. Based on an average trading volume of 27,000 shares, the days-to-cover ratio is currently 1.4 days.

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

A number of large investors have recently modified their holdings of the business. Commonwealth Equity Services LLC boosted its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 25.8% in the first quarter. Commonwealth Equity Services LLC now owns 98,292 shares of the company’s stock valued at $2,519,000 after buying an additional 20,147 shares during the last quarter. Key Financial Inc purchased a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the second quarter valued at approximately $73,000. SFE Investment Counsel lifted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 12.0% in the second quarter. SFE Investment Counsel now owns 21,646 shares of the company’s stock valued at $550,000 after acquiring an additional 2,314 shares during the period. MONECO Advisors LLC lifted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 14.1% in the second quarter. MONECO Advisors LLC now owns 15,986 shares of the company’s stock valued at $406,000 after acquiring an additional 1,980 shares during the period. Finally, 4Thought Financial Group Inc. lifted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 11.8% in the second quarter. 4Thought Financial Group Inc. now owns 17,869 shares of the company’s stock valued at $454,000 after acquiring an additional 1,888 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

BSJU opened at $26.22 on Wednesday. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 1 year low of $23.24 and a 1 year high of $26.58. The business’s 50-day moving average is $26.18 and its two-hundred day moving average is $25.76.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.139 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.67 dividend on an annualized basis and a dividend yield of 6.36%.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

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.