Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Large Growth in Short Interest

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 142,800 shares, a growth of 30.1% from the October 15th total of 109,800 shares. Based on an average trading volume of 292,500 shares, the short-interest ratio is presently 0.5 days.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJP traded up $0.01 during midday trading on Friday, reaching $23.17. 135,843 shares of the company’s stock traded hands, compared to its average volume of 273,443. The stock’s 50 day simple moving average is $23.12 and its 200-day simple moving average is $23.05. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a one year low of $22.52 and a one year high of $23.23.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.125 dividend. The ex-dividend date was Monday, October 21st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.47%. This is a boost from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aptus Capital Advisors LLC purchased a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter worth $50,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 26.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,320 shares of the company’s stock worth $53,000 after purchasing an additional 478 shares during the last quarter. Unique Wealth Strategies LLC purchased a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter worth $63,000. Reston Wealth Management LLC purchased a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF in the third quarter valued at $154,000. Finally, Alaska Wealth Advisors increased its holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 11.6% in the second quarter. Alaska Wealth Advisors now owns 8,420 shares of the company’s stock valued at $193,000 after buying an additional 877 shares in the last quarter.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.