Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Short Interest Up 272.3% in February

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 133,300 shares, a growth of 272.3% from the February 13th total of 35,800 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 130,600 shares, the days-to-cover ratio is currently 1.0 days.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJS opened at $21.79 on Thursday. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 12 month low of $21.20 and a 12 month high of $22.45. The firm has a fifty day simple moving average of $21.95 and a two-hundred day simple moving average of $21.98.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.1184 dividend. The ex-dividend date was Monday, February 24th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSJS. Principal Securities Inc. bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 4th quarter worth about $40,000. Denver PWM LLC bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 4th quarter worth about $50,000. IFP Advisors Inc bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 4th quarter worth about $59,000. Horizons Wealth Management increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 85.1% in the 4th quarter. Horizons Wealth Management now owns 4,094 shares of the company’s stock worth $89,000 after acquiring an additional 1,882 shares in the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 120.8% in the 3rd quarter. Larson Financial Group LLC now owns 8,045 shares of the company’s stock worth $178,000 after acquiring an additional 4,401 shares in the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.