Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Down 66.1% in October

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,900 shares, a decrease of 66.1% from the October 15th total of 11,500 shares. Based on an average daily trading volume, of 178,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSJO. Advisory Alpha LLC boosted its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 6.5% in the 2nd quarter. Advisory Alpha LLC now owns 350,920 shares of the company’s stock worth $7,973,000 after buying an additional 21,359 shares during the last quarter. CWM LLC lifted its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 1.8% during the second quarter. CWM LLC now owns 439,812 shares of the company’s stock valued at $9,993,000 after purchasing an additional 7,588 shares in the last quarter. MGO One Seven LLC raised its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 49.8% during the 2nd quarter. MGO One Seven LLC now owns 47,333 shares of the company’s stock worth $1,075,000 after acquiring an additional 15,740 shares during the period. Brookstone Capital Management lifted its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 2.5% during the 3rd quarter. Brookstone Capital Management now owns 36,140 shares of the company’s stock valued at $821,000 after buying an additional 878 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 8.6% during the second quarter. Raymond James & Associates now owns 153,979 shares of the company’s stock worth $3,498,000 after purchasing an additional 12,236 shares in the last quarter.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Performance

BSJO remained flat at $22.68 during trading on Wednesday. The company’s stock had a trading volume of 56,434 shares, compared to its average volume of 186,088. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 1-year low of $22.47 and a 1-year high of $22.93. The business’s 50-day moving average is $22.70 and its 200 day moving average is $22.71.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a $0.11 dividend. The ex-dividend date was Monday, October 21st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.82%.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.