Short Interest in Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Decreases By 58.4%

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 175,800 shares, a decline of 58.4% from the August 15th total of 423,100 shares. Based on an average daily trading volume, of 155,700 shares, the days-to-cover ratio is currently 1.1 days.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ BSJQ traded up $0.02 during midday trading on Friday, hitting $23.44. 234,883 shares of the company’s stock were exchanged, compared to its average volume of 140,716. The business’s fifty day moving average price is $23.26 and its two-hundred day moving average price is $23.16. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.48.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.1294 per share. This represents a $1.55 dividend on an annualized basis and a dividend yield of 6.63%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 17.9% in the 2nd quarter. Cetera Investment Advisers now owns 1,029,338 shares of the company’s stock worth $23,742,000 after purchasing an additional 156,056 shares in the last quarter. UBS Group AG raised its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 232.3% during the fourth quarter. UBS Group AG now owns 941,377 shares of the company’s stock worth $21,774,000 after acquiring an additional 658,054 shares in the last quarter. Legacy Financial Group LLC lifted its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 3,376.0% in the 1st quarter. Legacy Financial Group LLC now owns 632,731 shares of the company’s stock worth $14,667,000 after acquiring an additional 614,528 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the 2nd quarter valued at $13,355,000. Finally, Wells Fargo & Company MN boosted its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 13.4% in the 4th quarter. Wells Fargo & Company MN now owns 555,837 shares of the company’s stock valued at $12,856,000 after purchasing an additional 65,679 shares in the last quarter.

About Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) 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 2026. BSJQ was launched on Aug 9, 2018 and is managed by Invesco.