Short Interest in Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Grows By 81.0%

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) was the recipient of a large growth in short interest in August. As of August 15th, there was short interest totalling 423,100 shares, a growth of 81.0% from the July 31st total of 233,700 shares. Based on an average trading volume of 137,800 shares, the days-to-cover ratio is presently 3.1 days.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Performance

Shares of BSJQ stock traded down $0.01 during mid-day trading on Friday, hitting $23.33. 133,645 shares of the stock were exchanged, compared to its average volume of 138,718. The stock’s fifty day simple moving average is $23.21 and its two-hundred day simple moving average is $23.14. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.42.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.1294 per share. The ex-dividend date was Monday, June 24th. This represents a $1.55 dividend on an annualized basis and a yield of 6.66%.

Institutional Inflows and Outflows

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

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.