Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Shares Shorted: Short Interest Up 100.3% in September

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 713,066 shares, a growth of 100.3% from the August 31st total of 356,076 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,044,107 shares, the days-to-cover ratio is presently 0.7 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

Invesco BulletShares 2030 Corporate Bond ETF stock traded down $0.01 during trading hours on Tuesday, hitting $16.11. 291,046 shares of the stock traded hands, compared to its average volume of 687,839. The firm’s 50 day moving average price is $16.45 and its 200-day moving average price is $16.61. Invesco BulletShares 2030 Corporate Bond ETF has a 1 year low of $16.10 and a 1 year high of $17.03.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.0629 dividend. This is a decrease from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0653. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.75 annualized dividend and a dividend yield of 4.7%.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Waverly Advisors LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 21,913.5% in the 2nd quarter. Waverly Advisors LLC now owns 5,572,712 shares of the company’s stock worth $92,758,000 after acquiring an additional 5,547,397 shares in the last quarter. Lido Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 10.2% in the 4th quarter. Lido Advisors LLC now owns 7,850,122 shares of the company’s stock valued at $132,693,000 after acquiring an additional 726,647 shares during the last quarter. Cvfg LLC purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter worth approximately $11,210,000. Aptus Capital Advisors LLC boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 9,060,043 shares of the company’s stock worth $153,296,000 after purchasing an additional 477,730 shares during the last quarter. Finally, Decker Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 1st quarter worth approximately $7,192,000.

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.