Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Growth in Short Interest

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 133,300 shares, an increase of 272.3% from the February 13th total of 35,800 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 130,600 shares, the short-interest ratio is presently 1.0 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

BSJS opened at $21.72 on Friday. The company’s 50 day moving average is $21.95 and its 200-day moving average is $21.98. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.45.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a $0.1184 dividend. The ex-dividend date was Monday, February 24th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Strait & Sound Wealth Management LLC bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 4th quarter valued at approximately $228,000. Cetera Investment Advisers raised its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 63.0% in the 4th quarter. Cetera Investment Advisers now owns 374,362 shares of the company’s stock valued at $8,116,000 after buying an additional 144,747 shares during the last quarter. Captrust Financial Advisors bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 4th quarter valued at approximately $1,065,000. Bank of America Corp DE raised its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 40.9% in the 4th quarter. Bank of America Corp DE now owns 49,233 shares of the company’s stock valued at $1,067,000 after buying an additional 14,296 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 10.3% during the 4th quarter. Ameriprise Financial Inc. now owns 170,047 shares of the company’s stock worth $3,687,000 after purchasing an additional 15,877 shares during the last quarter.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.