Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Increase in Short Interest

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 112,552 shares, a growth of 43.8% from the March 15th total of 78,295 shares. Based on an average trading volume of 712,545 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSCU. AQR Capital Management LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 65.9% during the first quarter. AQR Capital Management LLC now owns 40,708 shares of the company’s stock worth $675,000 after purchasing an additional 16,172 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at $253,000. Jane Street Group LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 3,211.3% in the 1st quarter. Jane Street Group LLC now owns 355,967 shares of the company’s stock valued at $5,905,000 after acquiring an additional 345,217 shares during the period. Creative Planning increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 34.8% in the 2nd quarter. Creative Planning now owns 26,719 shares of the company’s stock valued at $448,000 after acquiring an additional 6,902 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2,505.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 217,054 shares of the company’s stock valued at $3,642,000 after acquiring an additional 208,724 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Invesco BulletShares 2030 Corporate Bond ETF stock remained flat at $16.83 during trading on Thursday. 158,351 shares of the company were exchanged, compared to its average volume of 682,128. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $16.41 and a one year high of $17.06. The firm has a 50-day moving average of $16.85 and a 200 day moving average of $16.90.

Invesco BulletShares 2030 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, March 23rd.

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.