Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Significant Decrease in Short Interest

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 35,000 shares, a decline of 67.7% from the December 15th total of 108,300 shares. Based on an average trading volume of 102,800 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

BSJR stock traded up $0.02 during mid-day trading on Tuesday, reaching $22.47. The company had a trading volume of 25,455 shares, compared to its average volume of 100,064. The stock’s 50-day simple moving average is $22.55 and its two-hundred day simple moving average is $22.49. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a one year low of $21.82 and a one year high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BSJR. Benjamin F. Edwards & Company Inc. lifted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 30.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,152 shares of the company’s stock valued at $48,000 after purchasing an additional 496 shares during the last quarter. Voisard Asset Management Group Inc. bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at $102,000. Alaska Permanent Capital Management acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter valued at $117,000. Horizons Wealth Management boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 91.3% during the 4th quarter. Horizons Wealth Management now owns 7,088 shares of the company’s stock worth $159,000 after acquiring an additional 3,383 shares in the last quarter. Finally, Alaska Wealth Advisors bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth $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.