Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Short Interest Update

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 52,100 shares, a drop of 62.4% from the October 15th total of 138,500 shares. Based on an average trading volume of 93,200 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several institutional investors have recently modified their holdings of BSJR. Orion Portfolio Solutions LLC boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 12.9% during the first quarter. Orion Portfolio Solutions LLC now owns 58,855 shares of the company’s stock valued at $1,310,000 after buying an additional 6,728 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 30.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 12,308 shares of the company’s stock worth $263,000 after purchasing an additional 2,866 shares during the last quarter. Comerica Bank boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 50.9% in the first quarter. Comerica Bank now owns 23,797 shares of the company’s stock worth $529,000 after purchasing an additional 8,022 shares during the last quarter. Cetera Investment Advisers purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter worth about $5,684,000. Finally, Cetera Advisors LLC boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 12.4% in the first quarter. Cetera Advisors LLC now owns 230,440 shares of the company’s stock worth $5,127,000 after purchasing an additional 25,372 shares during the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJR opened at $22.62 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $21.68 and a 1-year high of $22.77. The business has a fifty day moving average price of $22.61 and a 200-day moving average price of $22.37.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a dividend of $0.126 per share. The ex-dividend date was Monday, October 21st. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a $1.51 annualized dividend and a dividend yield of 6.68%.

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.