Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Up 58.5% in June

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 65,600 shares, a growth of 58.5% from the May 31st total of 41,400 shares. Based on an average daily trading volume, of 282,700 shares, the short-interest ratio is presently 0.2 days.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

NASDAQ BSCT traded down $0.02 on Friday, reaching $18.16. The company’s stock had a trading volume of 333,276 shares, compared to its average volume of 298,593. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $17.18 and a twelve month high of $18.58. The firm’s 50 day moving average is $18.13 and its two-hundred day moving average is $18.24.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 24th will be issued a $0.0722 dividend. This represents a $0.87 dividend on an annualized basis and a yield of 4.77%. The ex-dividend date of this dividend is Monday, June 24th.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Ancora Advisors LLC lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 301.8% in the 3rd quarter. Ancora Advisors LLC now owns 1,764 shares of the company’s stock valued at $31,000 after acquiring an additional 1,325 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter valued at about $77,000. Tennessee Valley Asset Management Partners acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter valued at about $78,000. Westside Investment Management Inc. acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 1st quarter valued at about $98,000. Finally, FAS Wealth Partners Inc. purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the first quarter valued at about $101,000.

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.