Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) Sees Large Drop in Short Interest

Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 370,800 shares, a drop of 14.0% from the September 30th total of 431,200 shares. Based on an average daily volume of 1,046,400 shares, the short-interest ratio is currently 0.4 days.

Invesco BulletShares 2026 Corporate Bond ETF Price Performance

NASDAQ:BSCQ remained flat at $19.44 on Wednesday. 187,185 shares of the company’s stock were exchanged, compared to its average volume of 928,979. Invesco BulletShares 2026 Corporate Bond ETF has a 52-week low of $18.74 and a 52-week high of $19.64. The stock’s fifty day simple moving average is $19.52 and its two-hundred day simple moving average is $19.34.

Invesco BulletShares 2026 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a dividend of $0.068 per share. This is an increase from Invesco BulletShares 2026 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, October 21st. This represents a $0.82 annualized dividend and a yield of 4.20%.

Hedge Funds Weigh In On Invesco BulletShares 2026 Corporate Bond ETF

A number of large investors have recently modified their holdings of the stock. Sound Stewardship LLC raised its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 1.4% during the second quarter. Sound Stewardship LLC now owns 350,467 shares of the company’s stock worth $6,720,000 after buying an additional 4,682 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 4.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 731,009 shares of the company’s stock valued at $14,043,000 after purchasing an additional 34,477 shares during the period. Secure Asset Management LLC boosted its position in shares of Invesco BulletShares 2026 Corporate Bond ETF by 3.5% in the 2nd quarter. Secure Asset Management LLC now owns 118,083 shares of the company’s stock worth $2,264,000 after purchasing an additional 3,979 shares during the last quarter. Creative Planning grew its stake in shares of Invesco BulletShares 2026 Corporate Bond ETF by 4.7% during the second quarter. Creative Planning now owns 46,625 shares of the company’s stock worth $894,000 after purchasing an additional 2,107 shares during the period. Finally, Strategic Financial Concepts LLC increased its holdings in Invesco BulletShares 2026 Corporate Bond ETF by 1,347.9% in the second quarter. Strategic Financial Concepts LLC now owns 376,320 shares of the company’s stock valued at $72,000 after purchasing an additional 350,330 shares during the last quarter.

About Invesco BulletShares 2026 Corporate Bond ETF

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2026. The fund will unwind in December 2026 and return capitals and proceeds to investors.