Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Down 67.7% in December

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 35,000 shares, a decline of 67.7% from the December 15th total of 108,300 shares. Based on an average trading volume of 102,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Ironwood Wealth Management LLC. raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 13.1% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 229,542 shares of the company’s stock valued at $5,069,000 after acquiring an additional 26,665 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 51.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 25,130 shares of the company’s stock valued at $555,000 after buying an additional 8,526 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 33.0% during the 2nd quarter. Private Advisor Group LLC now owns 37,505 shares of the company’s stock valued at $828,000 after purchasing an additional 9,301 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 18.3% during the second quarter. Envestnet Asset Management Inc. now owns 322,810 shares of the company’s stock valued at $7,129,000 after buying an additional 49,995 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 22.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 316,403 shares of the company’s stock valued at $6,988,000 after buying an additional 58,363 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJR traded up $0.12 during mid-day trading on Wednesday, hitting $22.60. The company had a trading volume of 164,701 shares, compared to its average volume of 114,989. The stock’s 50-day moving average price is $22.54 and its 200-day moving average price is $22.49. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $21.82 and a 1 year high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.125 dividend. The ex-dividend date was Monday, December 23rd.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.