ETFs

Invesco BulletShares 2026 Corporate Bond ETF Experiences Significant Decline in Short Interest

Published December 29, 2024

The Invesco BulletShares 2026 Corporate Bond ETF (NASDAQ:BSCQ) experienced a noteworthy reduction in short interest during December 2024. As of December 15th, the ETF had a total of 688,800 shares in short interest, which represents a significant decrease of 19.2% compared to 852,200 shares as of November 30th. Given the average trading volume of 1,026,500 shares, the current days-to-cover ratio stands at 0.7 days.

Performance Overview of Invesco BulletShares 2026 Corporate Bond ETF

On the trading floor, BSCQ shares opened at $19.42 on Friday. The ETF has a 50-day moving average of $19.44 and a two-hundred-day moving average of $19.42. Looking at its performance over the past year, Invesco BulletShares 2026 Corporate Bond ETF recorded a 52-week low of $19.05 and a 52-week high of $19.64.

Dividend Announcement from Invesco BulletShares 2026 Corporate Bond ETF

Furthermore, the fund recently announced a dividend payment made on December 27th. Shareholders on record as of December 23rd received a dividend of $0.0694 per share, which marks an increase from its previous dividend of $0.07. The ex-dividend date was also December 23rd.

Institutional Trading Activity in Invesco BulletShares 2026 Corporate Bond ETF

In recent months, several hedge funds and institutional investors have made adjustments to their positions in BSCQ. LPL Financial LLC raised its holdings in the Invesco BulletShares 2026 Corporate Bond ETF by 18.9% during the second quarter, owning 5,333,587 shares valued at approximately $102,272,000 after acquiring an additional 848,067 shares. Similarly, Aptus Capital Advisors LLC increased its stake in the ETF by 39.9% in the third quarter, owning 4,991,709 shares valued at around $97,638,000 after adding 1,424,452 shares during that period. Hills Bank & Trust Co also raised its holdings by 3.0%, now owning 2,559,196 shares valued at $50,058,000 after buying an additional 75,230 shares. Additionally, Fusion Family Wealth LLC increased its stakes by 1.4% to own 1,719,433 shares valued at $33,632,000 after purchasing 24,227 shares. Notably, MML Investors Services LLC boosted its position by a substantial 88.4% in the third quarter, resulting in ownership of 1,527,090 shares worth $29,870,000, following an acquisition of 716,716 shares.

About Invesco BulletShares 2026 Corporate Bond ETF

The Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) represents an investment vehicle that primarily invests in investment-grade fixed-income securities. The fund adheres to an index comprising corporate bonds that are due to mature in the year 2026. Notably, the fund is scheduled to dissolve in December 2026, at which point it will return capital and proceeds to investors.

ETF, Bonds, Investment