Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 85,100 shares, a growth of 32.1% from the September 15th total of 64,400 shares. Based on an average daily volume of 301,800 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Price Performance

BSJP traded up $0.03 during trading on Friday, reaching $23.13. 215,944 shares of the stock traded hands, compared to its average volume of 278,693. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a fifty-two week low of $22.16 and a fifty-two week high of $23.21. The stock’s 50-day simple moving average is $23.08 and its two-hundred day simple moving average is $23.01.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.122 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.46 dividend on an annualized basis and a yield of 6.33%.

Institutional Trading of Invesco BulletShares 2025 High Yield Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BSJP. Mirador Capital Partners LP increased its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 86.5% during the 3rd quarter. Mirador Capital Partners LP now owns 2,799,727 shares of the company’s stock worth $64,730,000 after purchasing an additional 1,298,167 shares during the last quarter. Cetera Investment Advisers bought a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF during the first quarter valued at about $24,848,000. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF in the fourth quarter worth about $17,097,000. Legacy Financial Group LLC boosted its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 3,237.4% during the 1st quarter. Legacy Financial Group LLC now owns 628,474 shares of the company’s stock worth $14,423,000 after acquiring an additional 609,643 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 1,241.8% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 539,540 shares of the company’s stock valued at $12,361,000 after acquiring an additional 499,330 shares during the last quarter.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.

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