Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Update

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 648,304 shares, an increase of 134.6% from the December 15th total of 276,294 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 1,244,707 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 1,244,707 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.5% of the company’s stock are short sold.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

Shares of Invesco BulletShares 2030 Corporate Bond ETF stock traded down $0.02 during midday trading on Friday, reaching $16.92. 439,415 shares of the company’s stock traded hands, compared to its average volume of 907,276. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $16.17 and a 52 week high of $17.06. The company’s 50 day simple moving average is $16.92 and its 200 day simple moving average is $16.89.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.063 dividend. The ex-dividend date was Monday, December 22nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSCU. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 216.1% in the third quarter. Commonwealth Equity Services LLC now owns 332,249 shares of the company’s stock valued at $5,615,000 after acquiring an additional 227,129 shares during the last quarter. Addison Advisors LLC grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 6.9% during the 2nd quarter. Addison Advisors LLC now owns 285,094 shares of the company’s stock worth $4,784,000 after acquiring an additional 18,297 shares during the last quarter. Clark Asset Management LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 28.8% during the 3rd quarter. Clark Asset Management LLC now owns 791,757 shares of the company’s stock valued at $13,381,000 after purchasing an additional 177,228 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 974.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 270,943 shares of the company’s stock valued at $4,546,000 after purchasing an additional 245,727 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the first quarter worth $253,000.

About Invesco BulletShares 2030 Corporate Bond ETF

The Invesco BulletShares 2030 Corporate Bond ETF (BSCU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment grade bonds with effective maturities in 2030. BSCU was launched on Sep 16, 2020 and is managed by Invesco.