Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 13.5% in August

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 212,100 shares, a growth of 13.5% from the August 15th total of 186,800 shares. Based on an average daily volume of 328,200 shares, the days-to-cover ratio is currently 0.6 days.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.2 %

Shares of BSCU stock traded up $0.03 during trading hours on Friday, hitting $17.03. The company had a trading volume of 464,232 shares, compared to its average volume of 281,535. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $15.19 and a 12 month high of $17.14. The firm’s fifty day moving average is $16.69 and its 200 day moving average is $16.40.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 19th were given a $0.071 dividend. This represents a $0.85 dividend on an annualized basis and a yield of 5.00%. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 19th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BSCU. Aptus Capital Advisors LLC increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock worth $39,578,000 after purchasing an additional 610,231 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 51.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,029,857 shares of the company’s stock valued at $33,767,000 after acquiring an additional 690,888 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 143.9% in the 2nd quarter. Raymond James & Associates now owns 1,934,521 shares of the company’s stock worth $31,455,000 after acquiring an additional 1,141,238 shares in the last quarter. Eastern Bank grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 1.4% during the 2nd quarter. Eastern Bank now owns 1,879,680 shares of the company’s stock worth $30,564,000 after acquiring an additional 25,623 shares during the last quarter. Finally, Tlwm increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 2.9% during the 2nd quarter. Tlwm now owns 1,412,952 shares of the company’s stock valued at $22,975,000 after purchasing an additional 39,385 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.