Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Expands By 125.5%

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 66,300 shares, a growth of 125.5% from the February 28th total of 29,400 shares. Based on an average daily trading volume, of 101,200 shares, the short-interest ratio is presently 0.7 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. 4Thought Financial Group Inc. lifted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% during the 4th quarter. 4Thought Financial Group Inc. now owns 21,842 shares of the company’s stock valued at $467,000 after buying an additional 490 shares during the period. GAMMA Investing LLC grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.3% in the fourth quarter. GAMMA Investing LLC now owns 4,772 shares of the company’s stock worth $102,000 after acquiring an additional 1,080 shares during the period. Geneos Wealth Management Inc. increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 81.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,510 shares of the company’s stock valued at $75,000 after acquiring an additional 1,580 shares during the last quarter. Ancora Advisors LLC bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at about $36,000. Finally, NewEdge Advisors LLC lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 908.0% in the fourth quarter. NewEdge Advisors LLC now owns 2,026 shares of the company’s stock valued at $43,000 after acquiring an additional 1,825 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT stock opened at $21.13 on Friday. The company’s 50-day moving average is $21.49 and its 200 day moving average is $21.59. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $20.67 and a one year high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases 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 issued a dividend of $0.1171 per share. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12.

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.