Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Shares Shorted: Short Interest Down 72.7% in October

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 37,534 shares, a decline of 72.7% from the October 15th total of 137,738 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 332,989 shares, the days-to-cover ratio is currently 0.1 days.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJQ remained flat at $22.83 during mid-day trading on Friday. 152,625 shares of the stock traded hands, compared to its average volume of 289,664. The company has a 50 day simple moving average of $22.83 and a two-hundred day simple moving average of $23.02. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a one year low of $22.73 and a one year high of $23.44.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were paid a $0.0819 dividend. This is a decrease from Invesco BulletShares 2026 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0881. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wealthspire Retirement LLC boosted its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 1.2% during the first quarter. Wealthspire Retirement LLC now owns 47,581 shares of the company’s stock worth $1,103,000 after purchasing an additional 550 shares in the last quarter. Asset Dedication LLC boosted its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 21.7% during the first quarter. Asset Dedication LLC now owns 4,807 shares of the company’s stock worth $111,000 after buying an additional 857 shares during the period. Sarver Vrooman Wealth Advisors bought a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $28,000. Fifth Third Bancorp bought a new position in Invesco BulletShares 2026 High Yield Corporate Bond ETF in the third quarter valued at $33,000. Finally, Richards Merrill & Peterson Inc. bought a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the 3rd quarter valued at about $41,000.

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.