Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Short Interest Update

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 142,800 shares, a growth of 30.1% from the October 15th total of 109,800 shares. Based on an average trading volume of 292,500 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Trading Up 0.0 %

Shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF stock traded up $0.01 on Friday, hitting $23.17. 135,843 shares of the company’s stock were exchanged, compared to its average volume of 273,443. The company has a 50-day simple moving average of $23.12 and a 200-day simple moving average of $23.05. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a 1 year low of $22.52 and a 1 year high of $23.23.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.50 annualized dividend and a yield of 6.47%. This is an increase from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BSJP. Mirador Capital Partners LP boosted its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 86.5% during the 3rd quarter. Mirador Capital Partners LP now owns 2,799,727 shares of the company’s stock valued at $64,730,000 after purchasing an additional 1,298,167 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 12.3% during the 2nd quarter. Cetera Investment Advisers now owns 1,215,835 shares of the company’s stock valued at $27,855,000 after buying an additional 133,123 shares in the last quarter. Cetera Advisors LLC raised its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 34.6% in the 1st quarter. Cetera Advisors LLC now owns 948,270 shares of the company’s stock worth $21,763,000 after purchasing an additional 243,988 shares during the period. Sterling Financial Group Inc. raised its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 0.4% in the 3rd quarter. Sterling Financial Group Inc. now owns 788,090 shares of the company’s stock worth $18,221,000 after purchasing an additional 2,776 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 15.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 778,499 shares of the company’s stock worth $17,835,000 after purchasing an additional 104,285 shares during the period.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.