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

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 45,300 shares, a drop of 51.5% from the February 13th total of 93,400 shares. Based on an average trading volume of 320,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the fourth quarter valued at $48,920,000. Mirador Capital Partners LP increased its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 730.1% in the fourth quarter. Mirador Capital Partners LP now owns 1,492,837 shares of the company’s stock worth $34,746,000 after purchasing an additional 1,312,999 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 7.3% in the 4th quarter. Cetera Investment Advisers now owns 1,247,030 shares of the company’s stock worth $29,025,000 after buying an additional 84,765 shares during the last quarter. LPL Financial LLC increased its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 1.1% during the 4th quarter. LPL Financial LLC now owns 1,139,860 shares of the company’s stock valued at $26,530,000 after purchasing an additional 12,726 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 13.0% during the fourth quarter. Wells Fargo & Company MN now owns 903,700 shares of the company’s stock valued at $21,034,000 after buying an additional 103,763 shares during the period.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJQ traded up $0.06 during mid-day trading on Friday, reaching $23.29. 559,242 shares of the company were exchanged, compared to its average volume of 213,472. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a 52 week low of $22.86 and a 52 week high of $23.58. The company’s 50 day moving average price is $23.39 and its 200 day moving average price is $23.40.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.1222 dividend. The ex-dividend date was Monday, February 24th. This is a boost from Invesco BulletShares 2026 High Yield Corporate Bond ETF’s previous dividend of $0.12.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Company Profile

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.