Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Down 44.5% in December

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 42,300 shares, a decline of 44.5% from the December 15th total of 76,200 shares. Based on an average daily volume of 92,200 shares, the short-interest ratio is currently 0.5 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Benjamin F. Edwards & Company Inc. grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 36.1% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,960 shares of the company’s stock worth $41,000 after buying an additional 520 shares during the last quarter. Segment Wealth Management LLC lifted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 4.8% during the third quarter. Segment Wealth Management LLC now owns 14,140 shares of the company’s stock worth $309,000 after purchasing an additional 650 shares during the period. GAMMA Investing LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.3% in the 4th quarter. GAMMA Investing LLC now owns 4,772 shares of the company’s stock worth $102,000 after buying an additional 1,080 shares during the period. Key Financial Inc boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.4% in the 3rd quarter. Key Financial Inc now owns 6,045 shares of the company’s stock valued at $132,000 after acquiring an additional 1,375 shares during the last quarter. Finally, Horizons Wealth Management acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth $40,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT traded up $0.15 during midday trading on Wednesday, reaching $21.53. 77,895 shares of the stock were exchanged, compared to its average volume of 88,088. 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 company’s 50 day moving average is $21.59 and its two-hundred day moving average is $21.56.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1323 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.