Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Expands By 183.1%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 80,400 shares, a growth of 183.1% from the January 15th total of 28,400 shares. Based on an average trading volume of 94,400 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of large investors have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter worth about $2,263,000. Envestnet Asset Management Inc. grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 397,222 shares of the company’s stock worth $8,498,000 after acquiring an additional 5,144 shares during the last quarter. Wells Fargo & Company MN boosted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 389.1% in the fourth quarter. Wells Fargo & Company MN now owns 102,245 shares of the company’s stock valued at $2,187,000 after buying an additional 81,341 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $160,000. Finally, LPL Financial LLC boosted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 51.9% in the fourth quarter. LPL Financial LLC now owns 914,358 shares of the company’s stock valued at $19,562,000 after buying an additional 312,520 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT stock traded up $0.06 during trading hours on Thursday, reaching $21.59. 122,484 shares of the company’s stock were exchanged, compared to its average volume of 98,478. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1 year low of $20.67 and a 1 year high of $22.25. The stock’s fifty day moving average price is $21.55 and its two-hundred day moving average price is $21.61.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a dividend of $0.1161 per share. The ex-dividend date was Tuesday, January 21st.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.