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 recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 25,900 shares, a decline of 80.6% from the February 28th total of 133,300 shares. Based on an average trading volume of 132,800 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BSJS. Principal Securities Inc. acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter worth $40,000. Denver PWM LLC purchased a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at about $50,000. IFP Advisors Inc acquired a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter worth about $59,000. Horizons Wealth Management boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 85.1% in the fourth quarter. Horizons Wealth Management now owns 4,094 shares of the company’s stock worth $89,000 after buying an additional 1,882 shares during the period. Finally, Larson Financial Group LLC grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 120.8% in the third quarter. Larson Financial Group LLC now owns 8,045 shares of the company’s stock valued at $178,000 after buying an additional 4,401 shares in the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJS opened at $21.72 on Thursday. The business has a 50-day moving average of $21.94 and a two-hundred day moving average of $21.97. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $21.20 and a 12 month high of $22.45.

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 given a dividend of $0.1169 per share. The ex-dividend date of this dividend is Monday, March 24th.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.