Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Update

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 29,400 shares, a decline of 64.6% from the February 13th total of 83,100 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 103,700 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSJT. 4Thought Financial Group Inc. raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% in the fourth quarter. 4Thought Financial Group Inc. now owns 21,842 shares of the company’s stock valued at $467,000 after purchasing an additional 490 shares in the last quarter. GAMMA Investing LLC raised its stake 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 valued at $102,000 after purchasing an additional 1,080 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 81.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,510 shares of the company’s stock valued at $75,000 after purchasing an additional 1,580 shares in the last quarter. Ancora Advisors LLC acquired a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $36,000. Finally, NewEdge Advisors LLC grew its position 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 Trading Down 0.1 %

Shares of BSJT stock opened at $21.27 on Thursday. 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 stock has a 50 day moving average of $21.53 and a 200-day moving average of $21.62.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were issued a dividend of $0.1168 per share. The ex-dividend date was Monday, February 24th. This is a positive change 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.