Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Short Interest Update

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 201,900 shares, a drop of 18.8% from the July 15th total of 248,600 shares. Based on an average daily trading volume, of 706,700 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Capital Investment Advisory Services LLC raised its stake in Invesco BulletShares 2024 Corporate Bond ETF by 4.0% in the first quarter. Capital Investment Advisory Services LLC now owns 12,915 shares of the company’s stock worth $271,000 after buying an additional 500 shares in the last quarter. Larson Financial Group LLC grew its stake in Invesco BulletShares 2024 Corporate Bond ETF by 74.6% in the first quarter. Larson Financial Group LLC now owns 1,461 shares of the company’s stock worth $31,000 after purchasing an additional 624 shares during the period. Wulff Hansen & CO. raised its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 4.4% in the first quarter. Wulff Hansen & CO. now owns 17,725 shares of the company’s stock worth $372,000 after purchasing an additional 745 shares in the last quarter. Apeiron RIA LLC lifted its position in Invesco BulletShares 2024 Corporate Bond ETF by 1.6% during the second quarter. Apeiron RIA LLC now owns 46,566 shares of the company’s stock valued at $981,000 after buying an additional 746 shares during the period. Finally, Kades & Cheifetz LLC boosted its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 3.0% during the 1st quarter. Kades & Cheifetz LLC now owns 27,862 shares of the company’s stock valued at $584,000 after buying an additional 811 shares in the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of BSCO traded up $0.01 during mid-day trading on Friday, hitting $21.14. 323,790 shares of the company’s stock traded hands, compared to its average volume of 855,547. The business’s 50-day moving average price is $21.09 and its 200-day moving average price is $21.02. Invesco BulletShares 2024 Corporate Bond ETF has a 1 year low of $20.61 and a 1 year high of $21.15.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were given a dividend of $0.076 per share. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.91 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date of this dividend was Monday, July 22nd.

About Invesco BulletShares 2024 Corporate Bond ETF

The Invesco BulletShares 2024 Corporate Bond ETF (BSCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.