Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 83.9% in June

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 463,556 shares, an increase of 83.9% from the June 15th total of 252,109 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 547,559 shares, the short-interest ratio is presently 0.8 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

Shares of BSCU stock opened at $16.62 on Friday. The firm’s 50-day moving average is $16.64 and its two-hundred day moving average is $16.78. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $16.51 and a 12 month high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.0642 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Large investors have recently modified their holdings of the company. Independence Bank of Kentucky lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 0.9% in the fourth quarter. Independence Bank of Kentucky now owns 70,090 shares of the company’s stock valued at $1,186,000 after buying an additional 598 shares during the period. Allworth Financial LP raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.4% during the fourth quarter. Allworth Financial LP now owns 9,455 shares of the company’s stock worth $160,000 after purchasing an additional 650 shares during the period. AA Financial Advisors LLC lifted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.1% in the fourth quarter. AA Financial Advisors LLC now owns 31,918 shares of the company’s stock valued at $540,000 after buying an additional 668 shares in the last quarter. First City Capital Management Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 2.1% during the 4th quarter. First City Capital Management Inc. now owns 34,333 shares of the company’s stock worth $581,000 after purchasing an additional 700 shares in the last quarter. Finally, Larson Financial Group LLC raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 4.3% in the 3rd quarter. Larson Financial Group LLC now owns 19,508 shares of the company’s stock valued at $330,000 after buying an additional 801 shares during 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.