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

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 71,000 shares, a decline of 50.9% from the December 15th total of 144,700 shares. Based on an average daily trading volume, of 311,100 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Up 0.4 %

Shares of BSJQ stock traded up $0.10 during trading hours on Wednesday, reaching $23.42. 223,436 shares of the company’s stock were exchanged, compared to its average volume of 350,460. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a fifty-two week low of $22.86 and a fifty-two week high of $23.58. The business has a fifty day moving average price of $23.39 and a 200-day moving average price of $23.35.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.1247 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 20.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,807 shares of the company’s stock valued at $65,000 after buying an additional 471 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 28.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,150 shares of the company’s stock valued at $50,000 after buying an additional 475 shares in the last quarter. Denver PWM LLC raised its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 22.9% during the third quarter. Denver PWM LLC now owns 3,816 shares of the company’s stock worth $90,000 after purchasing an additional 711 shares during the period. Sound Stewardship LLC lifted its stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 1.8% in the third quarter. Sound Stewardship LLC now owns 48,522 shares of the company’s stock valued at $1,138,000 after buying an additional 861 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 3.4% during the 3rd quarter. Brookstone Capital Management now owns 27,384 shares of the company’s stock worth $642,000 after purchasing an additional 905 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.