Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Up 222.1% in May

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 123,360 shares, a growth of 222.1% from the May 14th total of 38,303 shares. Based on an average daily volume of 62,809 shares, the short-interest ratio is currently 2.0 days. Approximately 1.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Several institutional investors have recently made changes to their positions in the business. IMA Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.7% in the 1st quarter. IMA Advisory Services Inc. now owns 8,494 shares of the company’s stock worth $217,000 after purchasing an additional 459 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,442 shares of the company’s stock worth $692,000 after acquiring an additional 650 shares during the period. Segment Wealth Management LLC raised its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 5.2% during the 4th quarter. Segment Wealth Management LLC now owns 15,650 shares of the company’s stock worth $409,000 after acquiring an additional 770 shares during the period. Key Financial Inc raised its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 10.7% during the 1st quarter. Key Financial Inc now owns 8,205 shares of the company’s stock worth $210,000 after acquiring an additional 790 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 47,381 shares of the company’s stock worth $1,240,000 after acquiring an additional 1,125 shares during the period.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Trading Up 0.5%

Shares of NASDAQ:BSJU opened at $25.87 on Friday. The firm’s 50 day moving average price is $25.82 and its 200-day moving average price is $25.95. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a twelve month low of $25.22 and a twelve month high of $26.35.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a $0.1519 dividend. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 7.0%.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

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.