Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 44.7% in February

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 232,817 shares, an increase of 44.7% from the February 12th total of 160,939 shares. Based on an average daily trading volume, of 485,581 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 485,581 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 65.9% in the first quarter. AQR Capital Management LLC now owns 40,708 shares of the company’s stock valued at $675,000 after buying an additional 16,172 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at $253,000. Jane Street Group LLC lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 3,211.3% during the 1st quarter. Jane Street Group LLC now owns 355,967 shares of the company’s stock valued at $5,905,000 after acquiring an additional 345,217 shares during the period. Creative Planning lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 34.8% during the 2nd quarter. Creative Planning now owns 26,719 shares of the company’s stock valued at $448,000 after acquiring an additional 6,902 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 45.2% during the second quarter. Cetera Investment Advisers now owns 79,831 shares of the company’s stock worth $1,340,000 after acquiring an additional 24,866 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU stock opened at $16.74 on Friday. The company’s fifty day simple moving average is $16.93 and its 200 day simple moving average is $16.93. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $16.17 and a 12-month high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.0619 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, February 23rd.

About Invesco BulletShares 2030 Corporate Bond ETF

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.