Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Down 57.3% in March

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 6,400 shares, a drop of 57.3% from the February 28th total of 15,000 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 34,000 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

BSJU opened at $25.54 on Friday. The firm has a 50 day simple moving average of $25.86 and a 200 day simple moving average of $25.98. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a fifty-two week low of $25.00 and a fifty-two week high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.1359 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BSJU. Jane Street Group LLC acquired a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter valued at about $1,320,000. RPg Family Wealth Advisory LLC increased its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.3% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 273,409 shares of the company’s stock valued at $7,021,000 after acquiring an additional 11,233 shares during the last quarter. HUB Investment Partners LLC raised its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 29.3% in the 4th quarter. HUB Investment Partners LLC now owns 15,018 shares of the company’s stock valued at $386,000 after acquiring an additional 3,403 shares during the period. Geneos Wealth Management Inc. bought a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter worth approximately $63,000. Finally, Larson Financial Group LLC grew its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 168.6% during the fourth quarter. Larson Financial Group LLC now owns 1,222 shares of the company’s stock valued at $31,000 after purchasing an additional 767 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.