Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Up 12.8% in June

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 45,100 shares, a growth of 12.8% from the May 31st total of 40,000 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is currently 1.5 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Up 0.7 %

Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded up $0.15 during trading on Wednesday, hitting $21.15. The company had a trading volume of 22,733 shares, compared to its average volume of 28,374. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $19.29 and a 1-year high of $21.38. The company’s 50 day simple moving average is $21.07 and its 200-day simple moving average is $21.08.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.1248 per share. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, June 24th. This represents a $1.50 annualized dividend and a yield of 7.08%.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter worth about $29,000. GAMMA Investing LLC purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $33,000. Capital Analysts LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth approximately $43,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 16.0% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,171 shares of the company’s stock valued at $639,000 after buying an additional 4,156 shares during the period. Finally, TCG Advisory Services LLC grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 39.4% in the fourth quarter. TCG Advisory Services LLC now owns 30,881 shares of the company’s stock worth $654,000 after acquiring an additional 8,721 shares in the last quarter.

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.