Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Significant Growth in Short Interest

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 613,335 shares, a growth of 55.9% from the January 15th total of 393,424 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 930,771 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 930,771 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Morgan Stanley boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 14.3% during the 4th quarter. Morgan Stanley now owns 8,288,748 shares of the company’s stock worth $156,119,000 after acquiring an additional 1,036,113 shares during the last quarter. Lido Advisors LLC increased its stake in Invesco BulletShares 2029 Corporate Bond ETF by 5.0% in the 4th quarter. Lido Advisors LLC now owns 6,386,183 shares of the company’s stock valued at $120,139,000 after buying an additional 302,120 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 17.6% in the 4th quarter. Wells Fargo & Company MN now owns 6,154,081 shares of the company’s stock worth $115,912,000 after buying an additional 920,814 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 4,684,687 shares of the company’s stock valued at $88,119,000 after acquiring an additional 281,202 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 16.0% during the fourth quarter. LPL Financial LLC now owns 4,348,671 shares of the company’s stock valued at $81,907,000 after acquiring an additional 600,085 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.2%

BSCT stock traded up $0.03 during midday trading on Friday, reaching $18.93. The company had a trading volume of 533,909 shares, compared to its average volume of 877,830. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $18.14 and a 1-year high of $18.97. The stock has a 50 day moving average price of $18.84 and a 200-day moving average price of $18.83.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.0694 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, January 20th.

Invesco BulletShares 2029 Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 Corporate Bond ETF (BSCT) 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 2029. BSCT was launched on Sep 12, 2019 and is managed by Invesco.