Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Significant Growth in Short Interest

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 543,968 shares, an increase of 49.4% from the July 15th total of 364,223 shares. Based on an average trading volume of 699,713 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ BSCU traded down $0.01 during trading on Tuesday, reaching $16.57. The stock had a trading volume of 147,969 shares, compared to its average volume of 667,342. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.45 and a fifty-two week high of $17.06. The business’s 50-day moving average price is $16.60 and its 200-day moving average price is $16.72.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a $0.0639 dividend. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Several institutional investors have recently modified their holdings of the business. Allworth Financial LP grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 7.4% during the 4th quarter. Allworth Financial LP now owns 9,455 shares of the company’s stock worth $160,000 after purchasing an additional 650 shares in the last quarter. Larson Financial Group LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 4.3% during the 3rd quarter. Larson Financial Group LLC now owns 19,508 shares of the company’s stock worth $330,000 after purchasing an additional 801 shares during the period. Apella Capital LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1.6% during the 2nd quarter. Apella Capital LLC now owns 62,194 shares of the company’s stock worth $1,033,000 after purchasing an additional 975 shares during the period. Vista Investment Management raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 0.3% in the 2nd quarter. Vista Investment Management now owns 438,658 shares of the company’s stock valued at $7,361,000 after purchasing an additional 1,181 shares in the last quarter. Finally, Key Financial Inc raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 2.5% in the 1st quarter. Key Financial Inc now owns 49,989 shares of the company’s stock valued at $836,000 after purchasing an additional 1,209 shares in the last quarter.

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.