Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Declines By 82.1%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 133,465 shares, a decline of 82.1% from the May 14th total of 746,932 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 755,130 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in Invesco BulletShares 2029 Corporate Bond ETF by 8.6% during the first quarter. NewEdge Advisors LLC now owns 785,760 shares of the company’s stock worth $14,663,000 after buying an additional 62,222 shares during the period. Financial Solutions Advisory Group Inc. purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 1st quarter valued at approximately $6,208,000. Asset Dedication LLC grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 7.0% in the 1st quarter. Asset Dedication LLC now owns 660,260 shares of the company’s stock valued at $12,321,000 after purchasing an additional 43,308 shares during the last quarter. Coastline Complete Wealth LLC grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 18.5% in the 1st quarter. Coastline Complete Wealth LLC now owns 209,188 shares of the company’s stock valued at $3,903,000 after purchasing an additional 32,629 shares during the last quarter. Finally, Western Wealth Management LLC grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.2% in the 1st quarter. Western Wealth Management LLC now owns 22,355 shares of the company’s stock valued at $417,000 after purchasing an additional 700 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.1%

BSCT opened at $18.58 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a 52 week low of $18.48 and a 52 week high of $18.97. The business’s 50 day moving average is $18.64 and its two-hundred day moving average is $18.76.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a dividend of $0.0717 per share. This represents a c) annualized dividend and a yield of 4.6%. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, May 18th.

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.