Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Down 67.7% in December

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

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSJR. Cetera Investment Advisers increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 46.6% during the 2nd quarter. Cetera Investment Advisers now owns 374,486 shares of the company’s stock valued at $8,270,000 after purchasing an additional 119,045 shares in the last quarter. Ironwood Financial llc raised its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 48.9% in the 3rd quarter. Ironwood Financial llc now owns 341,832 shares of the company’s stock worth $7,760,000 after acquiring an additional 112,290 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 18.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 322,810 shares of the company’s stock valued at $7,129,000 after purchasing an additional 49,995 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 22.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 316,403 shares of the company’s stock worth $6,988,000 after purchasing an additional 58,363 shares in the last quarter. Finally, SFE Investment Counsel raised its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% in the third quarter. SFE Investment Counsel now owns 313,629 shares of the company’s stock worth $7,119,000 after purchasing an additional 6,831 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Invesco BulletShares 2027 High Yield Corporate Bond ETF stock traded up $0.12 on Wednesday, hitting $22.60. 164,701 shares of the stock traded hands, compared to its average volume of 114,989. The business’s fifty day simple moving average is $22.54 and its 200 day simple moving average is $22.49. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $21.82 and a 1 year high of $22.77.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.