Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Increases By 115.1%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 495,473 shares, an increase of 115.1% from the December 15th total of 230,363 shares. Based on an average trading volume of 1,037,516 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 1,037,516 shares, the days-to-cover ratio is presently 0.5 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of BSCT stock traded down $0.01 on Friday, hitting $18.85. The stock had a trading volume of 232,327 shares, compared to its average volume of 990,098. The business has a 50 day moving average price of $18.84 and a 200 day moving average price of $18.80. Invesco BulletShares 2029 Corporate Bond ETF has a one year low of $18.14 and a one year high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a $0.0701 dividend. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BSCT. CRA Financial Services LLC increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.3% during the 4th quarter. CRA Financial Services LLC now owns 75,223 shares of the company’s stock valued at $1,417,000 after purchasing an additional 6,400 shares in the last quarter. Ledgewood Wealth Advisors LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 40.0% during the fourth quarter. Ledgewood Wealth Advisors LLC now owns 317,519 shares of the company’s stock valued at $5,980,000 after buying an additional 90,712 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 1.3% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 181,561 shares of the company’s stock valued at $3,420,000 after buying an additional 2,249 shares during the period. Hengehold Capital Management LLC increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 146.1% in the fourth quarter. Hengehold Capital Management LLC now owns 38,357 shares of the company’s stock valued at $722,000 after buying an additional 22,771 shares in the last quarter. Finally, Infinity Wealth Counsel LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.3% in the fourth quarter. Infinity Wealth Counsel LLC now owns 183,439 shares of the company’s stock worth $3,455,000 after acquiring an additional 2,385 shares during the period.

About Invesco BulletShares 2029 Corporate Bond ETF

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.