Short Interest in Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) Drops By 61.4%

Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 197,900 shares, a decrease of 61.4% from the August 15th total of 513,100 shares. Based on an average daily trading volume, of 876,300 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2026 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2026 Corporate Bond ETF stock traded up $0.03 during trading on Friday, hitting $19.61. 291,820 shares of the company were exchanged, compared to its average volume of 874,270. The firm’s fifty day moving average price is $19.41 and its 200 day moving average price is $19.26. Invesco BulletShares 2026 Corporate Bond ETF has a 1-year low of $18.69 and a 1-year high of $19.61.

Invesco BulletShares 2026 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were paid a $0.071 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.85 dividend on an annualized basis and a yield of 4.34%. This is a boost from Invesco BulletShares 2026 Corporate Bond ETF’s previous monthly dividend of $0.07.

Hedge Funds Weigh In On Invesco BulletShares 2026 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCQ. Sanctuary Advisors LLC acquired a new position in Invesco BulletShares 2026 Corporate Bond ETF during the 2nd quarter worth approximately $2,368,000. Souders Financial Advisors increased its position in Invesco BulletShares 2026 Corporate Bond ETF by 3.5% in the second quarter. Souders Financial Advisors now owns 194,852 shares of the company’s stock worth $3,736,000 after buying an additional 6,542 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco BulletShares 2026 Corporate Bond ETF by 5.2% during the second quarter. Cetera Investment Advisers now owns 87,962 shares of the company’s stock worth $1,687,000 after acquiring an additional 4,309 shares in the last quarter. Truist Financial Corp lifted its stake in Invesco BulletShares 2026 Corporate Bond ETF by 34.4% in the 2nd quarter. Truist Financial Corp now owns 95,485 shares of the company’s stock worth $1,831,000 after purchasing an additional 24,451 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Invesco BulletShares 2026 Corporate Bond ETF by 292.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 424,380 shares of the company’s stock worth $8,137,000 after acquiring an additional 316,362 shares in 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.