Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Sees Significant Decline in Short Interest

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 6,400 shares, a drop of 57.3% from the February 28th total of 15,000 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 34,000 shares, the short-interest ratio is presently 0.2 days.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

NASDAQ:BSJU traded down $0.05 during trading hours on Friday, hitting $25.49. 22,867 shares of the company’s stock traded hands, compared to its average volume of 24,091. The business’s fifty day simple moving average is $25.85 and its two-hundred day simple moving average is $25.98. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 52 week low of $25.00 and a 52 week high of $26.58.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1359 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BSJU. Jane Street Group LLC purchased a new position in Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $1,320,000. RPg Family Wealth Advisory LLC increased its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 4.3% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 273,409 shares of the company’s stock valued at $7,021,000 after acquiring an additional 11,233 shares during the last quarter. HUB Investment Partners LLC increased its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 29.3% in the fourth quarter. HUB Investment Partners LLC now owns 15,018 shares of the company’s stock valued at $386,000 after acquiring an additional 3,403 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter worth about $63,000. Finally, Larson Financial Group LLC boosted its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 168.6% in the 4th quarter. Larson Financial Group LLC now owns 1,222 shares of the company’s stock worth $31,000 after purchasing an additional 767 shares in the last quarter.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.