Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) Sees Significant Drop in Short Interest

Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 19,494 shares, a decrease of 98.1% from the May 14th total of 1,015,606 shares. Based on an average daily volume of 1,113,678 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2026 Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the business. Financial Solutions Advisory Group Inc. acquired a new stake in shares of Invesco BulletShares 2026 Corporate Bond ETF in the first quarter valued at about $11,417,000. Keel Point LLC grew its holdings in Invesco BulletShares 2026 Corporate Bond ETF by 12.1% in the 1st quarter. Keel Point LLC now owns 137,359 shares of the company’s stock valued at $2,683,000 after buying an additional 14,805 shares in the last quarter. Hobbs Group Advisors LLC increased its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 39.0% in the 1st quarter. Hobbs Group Advisors LLC now owns 49,496 shares of the company’s stock worth $967,000 after acquiring an additional 13,875 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 3.1% in the 1st quarter. Royal Bank of Canada now owns 1,715,826 shares of the company’s stock worth $33,510,000 after acquiring an additional 51,230 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 16.2% in the 1st quarter. Cetera Investment Advisers now owns 716,112 shares of the company’s stock worth $13,986,000 after acquiring an additional 99,924 shares during the last quarter.

Invesco BulletShares 2026 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCQ opened at $19.55 on Wednesday. The firm has a 50-day simple moving average of $19.54 and a 200-day simple moving average of $19.56. Invesco BulletShares 2026 Corporate Bond ETF has a 52 week low of $19.48 and a 52 week high of $19.62.

Invesco BulletShares 2026 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a $0.0661 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a positive change from Invesco BulletShares 2026 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, May 18th.

Invesco BulletShares 2026 Corporate Bond ETF Company Profile

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2026. The fund will unwind in December 2026 and return capitals and proceeds to investors. BSCQ was launched on Sep 14, 2016 and is managed by Invesco.