Short Interest in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Rises By 13.9%

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 108,300 shares, a growth of 13.9% from the November 30th total of 95,100 shares. Based on an average daily volume of 98,000 shares, the short-interest ratio is currently 1.1 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of BSJR stock traded down $0.02 during trading hours on Tuesday, reaching $22.40. 142,492 shares of the company’s stock were exchanged, compared to its average volume of 76,881. The company’s 50 day moving average is $22.56 and its two-hundred day moving average is $22.47. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $21.82 and a 1 year high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.125 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several institutional investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 30.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,152 shares of the company’s stock valued at $48,000 after acquiring an additional 496 shares during the last quarter. Voisard Asset Management Group Inc. purchased a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $102,000. Larson Financial Group LLC grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 292.1% in the second quarter. Larson Financial Group LLC now owns 4,799 shares of the company’s stock valued at $106,000 after purchasing an additional 3,575 shares during the last quarter. Alaska Permanent Capital Management purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $117,000. Finally, Alaska Wealth Advisors acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $201,000.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.