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 the month of February. As of February 27th, there was short interest totaling 437,438 shares, an increase of 95.6% from the February 12th total of 223,641 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 611,437 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 611,437 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter valued at approximately $8,555,000. Montag A & Associates Inc. lifted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 52.4% during the 2nd quarter. Montag A & Associates Inc. now owns 4,361 shares of the company’s stock worth $82,000 after acquiring an additional 1,500 shares in the last quarter. Advisors Capital Management LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 0.4% during the 2nd quarter. Advisors Capital Management LLC now owns 376,773 shares of the company’s stock valued at $7,046,000 after acquiring an additional 1,530 shares during the period. Cetera Investment Advisers boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 13.6% during the 2nd quarter. Cetera Investment Advisers now owns 314,164 shares of the company’s stock valued at $5,875,000 after acquiring an additional 37,731 shares during the period. Finally, ProVise Management Group LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 9.1% in the 2nd quarter. ProVise Management Group LLC now owns 213,244 shares of the company’s stock valued at $3,988,000 after acquiring an additional 17,778 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.3%

BSCT traded down $0.05 on Thursday, hitting $18.71. The company had a trading volume of 302,588 shares, compared to its average volume of 800,481. Invesco BulletShares 2029 Corporate Bond ETF has a 1 year low of $18.14 and a 1 year high of $18.97. The company’s fifty day moving average price is $18.86 and its 200 day moving average price is $18.85.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.0674 per share. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Invesco BulletShares 2029 Corporate Bond ETF Company Profile

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.