Short Interest in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Rises By 645.0%

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 306,563 shares, a growth of 645.0% from the April 30th total of 41,152 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 494,928 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCU opened at $16.64 on Thursday. The firm’s 50 day simple moving average is $16.72 and its 200 day simple moving average is $16.85. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.51 and a fifty-two week high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a $0.0649 dividend. The ex-dividend date of this dividend was Monday, May 18th. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 4.7%.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. AE Wealth Management LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth $31,000. AlphaCore Capital LLC bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at $34,000. Ascentis Independent Advisors bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at $36,000. International Assets Investment Management LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth $53,000. Finally, AdvisorNet Financial Inc raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 191.9% during the 1st quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock worth $57,000 after buying an additional 2,257 shares during the period.

About Invesco BulletShares 2030 Corporate Bond ETF

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.