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

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCUGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 89,900 shares, a growth of 118.2% from the April 30th total of 41,200 shares. Based on an average daily trading volume, of 218,200 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the business. Strategic Financial Concepts LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth about $304,000. Avantax Advisory Services Inc. increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 17.8% during the third quarter. Avantax Advisory Services Inc. now owns 12,000 shares of the company’s stock worth $187,000 after purchasing an additional 1,810 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth about $122,000. Janney Montgomery Scott LLC increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 48.3% during the third quarter. Janney Montgomery Scott LLC now owns 635,720 shares of the company’s stock worth $9,905,000 after purchasing an additional 207,113 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 15.1% during the third quarter. HighTower Advisors LLC now owns 117,939 shares of the company’s stock worth $1,851,000 after purchasing an additional 15,482 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCU traded up $0.06 during mid-day trading on Thursday, reaching $16.11. The company’s stock had a trading volume of 121,664 shares, compared to its average volume of 257,073. The stock has a 50-day moving average of $16.17 and a two-hundred day moving average of $16.28. Invesco BulletShares 2030 Corporate Bond ETF has a 1-year low of $15.19 and a 1-year high of $17.39.

Invesco BulletShares 2030 Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, May 24th. Stockholders of record on Tuesday, May 21st were given a $0.067 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date was Monday, May 20th.

About Invesco BulletShares 2030 Corporate Bond ETF

(Get Free Report)

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.

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