Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Down 80.6% in March

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 25,900 shares, a drop of 80.6% from the February 28th total of 133,300 shares. Based on an average daily trading volume, of 132,800 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Principal Securities Inc. acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter worth approximately $40,000. Denver PWM LLC bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter worth $50,000. IFP Advisors Inc bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter worth $59,000. Horizons Wealth Management grew its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 85.1% in the 4th quarter. Horizons Wealth Management now owns 4,094 shares of the company’s stock worth $89,000 after acquiring an additional 1,882 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 120.8% during the third quarter. Larson Financial Group LLC now owns 8,045 shares of the company’s stock worth $178,000 after purchasing an additional 4,401 shares during the period.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.4 %

NASDAQ:BSJS opened at $21.72 on Thursday. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52-week low of $21.20 and a 52-week high of $22.45. The business’s 50-day moving average price is $21.94 and its 200 day moving average price is $21.97.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.1169 dividend. The ex-dividend date is Monday, March 24th.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.