Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Down 63.5% in February

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 223,641 shares, a decrease of 63.5% from the January 29th total of 613,335 shares. Based on an average daily volume of 632,330 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 632,330 shares, the days-to-cover ratio is presently 0.4 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.2%

NASDAQ:BSCT traded up $0.04 during trading hours on Friday, hitting $18.91. 1,144,693 shares of the stock were exchanged, compared to its average volume of 829,246. The company’s 50 day moving average is $18.86 and its two-hundred day moving average is $18.84. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.14 and a twelve month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a $0.0674 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.3%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Straight Path Wealth Management grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 32.5% in the third quarter. Straight Path Wealth Management now owns 218,930 shares of the company’s stock valued at $4,118,000 after purchasing an additional 53,638 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 24.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 351,900 shares of the company’s stock worth $6,609,000 after buying an additional 68,238 shares during the last quarter. GPM Growth Investors Inc. boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 29.1% during the 3rd quarter. GPM Growth Investors Inc. now owns 700,361 shares of the company’s stock worth $13,174,000 after buying an additional 157,931 shares during the last quarter. Colonial Trust Advisors grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 19.0% in the 3rd quarter. Colonial Trust Advisors now owns 315,523 shares of the company’s stock valued at $5,935,000 after acquiring an additional 50,474 shares in the last quarter. Finally, VestGen Advisors LLC increased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 16.8% in the second quarter. VestGen Advisors LLC now owns 261,888 shares of the company’s stock valued at $4,918,000 after acquiring an additional 37,584 shares during the last quarter.

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.