Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Update

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 613,335 shares, an increase of 55.9% from the January 15th total of 393,424 shares. Based on an average daily volume of 930,771 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the company’s stock are sold short. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 930,771 shares, the days-to-cover ratio is presently 0.7 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.2%

Invesco BulletShares 2029 Corporate Bond ETF stock traded up $0.03 during mid-day trading on Friday, reaching $18.93. 533,909 shares of the company were exchanged, compared to its average volume of 877,830. The business has a fifty day moving average of $18.84 and a 200 day moving average of $18.83. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $18.14 and a 12-month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a $0.0694 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, January 20th.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds have recently modified their holdings of the company. ORG Partners LLC grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 4.5% during the fourth quarter. ORG Partners LLC now owns 12,483 shares of the company’s stock valued at $235,000 after buying an additional 540 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 5.0% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 11,403 shares of the company’s stock valued at $215,000 after purchasing an additional 541 shares during the last quarter. Hengehold Capital Management LLC grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 3.6% during the 3rd quarter. Hengehold Capital Management LLC now owns 15,586 shares of the company’s stock valued at $293,000 after purchasing an additional 547 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 21.5% in the fourth quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock valued at $59,000 after purchasing an additional 551 shares during the period. Finally, Harbour Investments Inc. raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.5% in the second quarter. Harbour Investments Inc. now owns 42,292 shares of the company’s stock worth $791,000 after purchasing an additional 608 shares during the last quarter.

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.