Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Update

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 713,066 shares, an increase of 100.3% from the August 31st total of 356,076 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,044,107 shares, the days-to-cover ratio is presently 0.7 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.1%

NASDAQ:BSCU opened at $16.14 on Wednesday. The company has a 50-day moving average price of $16.45 and a 200-day moving average price of $16.60. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $16.10 and a 12 month high of $17.03.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.0629 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a decrease from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.0653. This represents a $0.75 dividend on an annualized basis and a yield of 4.7%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at approximately $36,000. AdvisorNet Financial Inc lifted its position in Invesco BulletShares 2030 Corporate Bond ETF by 191.9% during the first quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock valued at $57,000 after buying an additional 2,257 shares during the period. Sarver Vrooman Wealth Advisors boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 42.1% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 5,176 shares of the company’s stock valued at $88,000 after buying an additional 1,534 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 1st quarter valued at $164,000. Finally, Pacific Wealth Strategies Group Inc. purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter worth about $167,000.

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.