Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Significant Decline in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 21,600 shares, a decline of 27.0% from the January 15th total of 29,600 shares. Based on an average daily volume of 31,200 shares, the short-interest ratio is currently 0.7 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

Shares of BSJU traded up $0.05 during midday trading on Friday, hitting $26.05. The company had a trading volume of 46,599 shares, compared to its average volume of 33,413. The company’s 50 day moving average price is $25.87 and its 200 day moving average price is $26.02. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52 week low of $25.00 and a 52 week high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a $0.1397 dividend. The ex-dividend date was Tuesday, January 21st.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. 4Thought Financial Group Inc. increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.4% in the 4th quarter. 4Thought Financial Group Inc. now owns 18,295 shares of the company’s stock worth $470,000 after purchasing an additional 434 shares during the last quarter. MONECO Advisors LLC grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.3% during the 4th quarter. MONECO Advisors LLC now owns 22,086 shares of the company’s stock valued at $567,000 after buying an additional 500 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 168.6% during the 4th quarter. Larson Financial Group LLC now owns 1,222 shares of the company’s stock valued at $31,000 after buying an additional 767 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 4th quarter valued at about $63,000. Finally, LPL Financial LLC grew its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 1.3% during the 4th quarter. LPL Financial LLC now owns 226,855 shares of the company’s stock valued at $5,826,000 after buying an additional 2,859 shares during the last quarter.

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.