Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Short Interest Up 249.6% in April

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 128,300 shares, a growth of 249.6% from the March 31st total of 36,700 shares. Based on an average trading volume of 180,200 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. MGO One Seven LLC grew its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 26.9% in the 3rd quarter. MGO One Seven LLC now owns 12,459 shares of the company’s stock worth $280,000 after acquiring an additional 2,638 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 9.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 186,778 shares of the company’s stock worth $4,200,000 after purchasing an additional 16,563 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 1.9% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 27,491 shares of the company’s stock worth $618,000 after purchasing an additional 524 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 1.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 374,056 shares of the company’s stock worth $8,497,000 after purchasing an additional 6,334 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 2.9% in the 3rd quarter. LPL Financial LLC now owns 504,142 shares of the company’s stock worth $11,335,000 after purchasing an additional 14,152 shares during the period.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

BSJO stock traded up $0.02 during mid-day trading on Friday, reaching $22.71. The company had a trading volume of 125,826 shares, compared to its average volume of 201,377. The firm has a 50 day moving average of $22.72 and a 200 day moving average of $22.65. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 12 month low of $22.09 and a 12 month high of $22.93.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd will be paid a $0.1157 dividend. The ex-dividend date is Monday, April 22nd. This represents a $1.39 dividend on an annualized basis and a yield of 6.11%.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.