Short Interest in Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Rises By 199.7%

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 609,996 shares, an increase of 199.7% from the June 30th total of 203,504 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily trading volume, of 254,112 shares, the days-to-cover ratio is currently 2.4 days.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Price Performance

NASDAQ:BSJQ remained flat at $22.87 during trading hours on Monday. The company’s stock had a trading volume of 166,614 shares, compared to its average volume of 293,310. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a 52-week low of $22.84 and a 52-week high of $23.51. The company’s fifty day simple moving average is $22.99 and its 200 day simple moving average is $23.15.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a dividend of $0.1002 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Monday, July 20th.

Institutional Trading of Invesco BulletShares 2026 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 3.9% in the 1st quarter. Royal Bank of Canada now owns 163,117 shares of the company’s stock valued at $3,783,000 after purchasing an additional 6,161 shares during the period. Jane Street Group LLC grew its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 43.8% in the first quarter. Jane Street Group LLC now owns 304,433 shares of the company’s stock valued at $7,060,000 after acquiring an additional 92,782 shares in the last quarter. Invesco Ltd. grew its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 29.4% in the second quarter. Invesco Ltd. now owns 144,281 shares of the company’s stock valued at $3,366,000 after acquiring an additional 32,763 shares in the last quarter. Diversify Wealth Management LLC bought a new position in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the second quarter worth about $557,000. Finally, Ameriprise Financial Inc. increased its position in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 166,255 shares of the company’s stock worth $3,879,000 after acquiring an additional 7,179 shares during the period.

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.