Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Short Interest Up 125.5% in March

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 66,300 shares, a growth of 125.5% from the February 28th total of 29,400 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 101,200 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BSJT. Ancora Advisors LLC bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $36,000. Horizons Wealth Management purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter worth approximately $40,000. NewEdge Advisors LLC boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 908.0% in the 4th quarter. NewEdge Advisors LLC now owns 2,026 shares of the company’s stock valued at $43,000 after purchasing an additional 1,825 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 81.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,510 shares of the company’s stock valued at $75,000 after purchasing an additional 1,580 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.3% during the 4th quarter. GAMMA Investing LLC now owns 4,772 shares of the company’s stock valued at $102,000 after purchasing an additional 1,080 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

NASDAQ:BSJT opened at $21.10 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1 year low of $20.67 and a 1 year high of $22.25. The stock’s fifty day moving average price is $21.48 and its two-hundred day moving average price is $21.59.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1171 per share. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, March 24th.

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.