Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Stock Short Interest Declines 36.8%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 200,114 shares, a decline of 36.8% from the August 31st total of 316,702 shares. Based on an average daily volume of 926,390 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2029 Corporate Bond ETF stock opened at $18.20 on Thursday. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $18.16 and a 1-year high of $18.94. The firm’s 50-day moving average price is $18.44 and its two-hundred day moving average price is $18.56.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a $0.0688 dividend. This is a drop from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0702. The ex-dividend date was Monday, September 21st. This represents a $0.83 annualized dividend and a yield of 4.5%.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 7.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,274,983 shares of the company’s stock worth $42,258,000 after purchasing an additional 147,973 shares during the last quarter. Anchor Investment Management LLC increased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.2% in the 2nd quarter. Anchor Investment Management LLC now owns 1,243,500 shares of the company’s stock valued at $23,098,000 after buying an additional 104,382 shares in the last quarter. Van Hulzen Asset Management LLC bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth about $187,000. Insight Wealth Partners LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 2.8% during the second quarter. Insight Wealth Partners LLC now owns 29,677 shares of the company’s stock worth $551,000 after purchasing an additional 802 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 17.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 160,831 shares of the company’s stock valued at $2,987,000 after purchasing an additional 24,034 shares in the last quarter.

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.