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

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 306,563 shares, an increase 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 volume of 494,928 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Several large investors have recently bought and sold shares of BSCU. AE Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 3rd quarter valued at $31,000. AlphaCore Capital LLC bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter worth $34,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter worth $36,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter worth $53,000. Finally, AdvisorNet Financial Inc increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 191.9% in the first quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock valued at $57,000 after purchasing an additional 2,257 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Invesco BulletShares 2030 Corporate Bond ETF stock opened at $16.64 on Thursday. Invesco BulletShares 2030 Corporate Bond ETF has a 1 year low of $16.51 and a 1 year high of $17.06. The company’s 50-day moving average is $16.72 and its two-hundred day moving average is $16.85.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were paid a dividend of $0.0649 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, May 18th.

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.