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

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 142,800 shares, a growth of 30.1% from the October 15th total of 109,800 shares. Based on an average daily volume of 292,500 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2025 High Yield Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Aptus Capital Advisors LLC bought a new position in Invesco BulletShares 2025 High Yield Corporate Bond ETF in the 2nd quarter worth approximately $50,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 26.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,320 shares of the company’s stock worth $53,000 after purchasing an additional 478 shares in the last quarter. Unique Wealth Strategies LLC acquired a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter valued at $63,000. Reston Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the third quarter valued at about $154,000. Finally, Alaska Wealth Advisors grew its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 11.6% in the 2nd quarter. Alaska Wealth Advisors now owns 8,420 shares of the company’s stock valued at $193,000 after buying an additional 877 shares in the last quarter.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ BSJP opened at $23.16 on Friday. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a 12-month low of $22.52 and a 12-month high of $23.23. The stock’s 50 day simple moving average is $23.12 and its 200 day simple moving average is $23.04.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a yield of 6.48%. This is a positive change from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date of this dividend was Monday, October 21st.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

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.