Short Interest in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Grows 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 days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth $160,000. LPL Financial LLC raised 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 worth $19,562,000 after acquiring an additional 312,520 shares during the period. HUB Investment Partners LLC boosted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 15.6% in the fourth quarter. HUB Investment Partners LLC now owns 31,927 shares of the company’s stock valued at $683,000 after acquiring an additional 4,312 shares during the last quarter. Harbour Investments Inc. grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1,080.9% during the 4th quarter. Harbour Investments Inc. now owns 27,751 shares of the company’s stock valued at $594,000 after acquiring an additional 25,401 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 191.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 36,166 shares of the company’s stock worth $774,000 after acquiring an additional 23,767 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.2 %

BSJT stock traded down $0.04 during mid-day trading on Wednesday, reaching $21.53. The company’s stock had a trading volume of 63,806 shares, compared to its average volume of 97,650. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12 month low of $20.67 and a 12 month high of $22.25. The business’s 50 day moving average price is $21.55 and its 200 day moving average price is $21.61.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued 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.