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

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 42,300 shares, a drop of 44.5% from the December 31st total of 76,200 shares. Based on an average trading volume of 92,200 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.1 %

Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded down $0.02 during trading on Wednesday, reaching $21.58. The stock had a trading volume of 7,151 shares, compared to its average volume of 84,142. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $20.67 and a 52-week high of $22.25. The business has a 50 day moving average price of $21.57 and a 200 day moving average price of $21.59.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.1161 per share. The ex-dividend date was Tuesday, January 21st.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Legacy Financial Group LLC boosted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 37.4% during the 4th quarter. Legacy Financial Group LLC now owns 660,589 shares of the company’s stock worth $14,133,000 after acquiring an additional 179,978 shares in the last quarter. Advisory Alpha LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth $3,233,000. Strategic Financial Concepts LLC purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $2,533,000. SFE Investment Counsel boosted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 17.2% in the third quarter. SFE Investment Counsel now owns 246,294 shares of the company’s stock valued at $5,384,000 after acquiring an additional 36,103 shares in the last quarter. Finally, Brookstone Capital Management purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter worth about $639,000.

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.