Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Update

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw 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 daily trading volume, of 699,713 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSCU. Allworth Financial LP increased its holdings in shares of 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 buying an additional 650 shares during the last quarter. Larson Financial Group LLC grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 4.3% in the third quarter. Larson Financial Group LLC now owns 19,508 shares of the company’s stock worth $330,000 after acquiring an additional 801 shares during the period. Apella Capital LLC increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 1.6% during the second quarter. Apella Capital LLC now owns 62,194 shares of the company’s stock worth $1,033,000 after acquiring an additional 975 shares during the last quarter. Vista Investment Management increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 0.3% during the second quarter. Vista Investment Management now owns 438,658 shares of the company’s stock worth $7,361,000 after acquiring an additional 1,181 shares during the last quarter. Finally, Key Financial Inc raised its position in Invesco BulletShares 2030 Corporate Bond ETF by 2.5% in the first 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 during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

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

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

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

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.