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

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 197,400 shares, a decrease of 6.9% from the August 31st total of 212,100 shares. Based on an average trading volume of 340,900 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter worth about $3,227,000. Vima LLC bought a new position in Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter worth $30,000. MONECO Advisors LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter worth $421,000. Timber Creek Capital Management LLC increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 3.1% in the first quarter. Timber Creek Capital Management LLC now owns 49,717 shares of the company’s stock valued at $815,000 after purchasing an additional 1,501 shares in the last quarter. Finally, Davis Capital Management boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 63.3% during the 1st quarter. Davis Capital Management now owns 11,485 shares of the company’s stock worth $187,000 after purchasing an additional 4,452 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.2 %

Shares of NASDAQ BSCU traded up $0.04 during mid-day trading on Tuesday, hitting $16.99. 110 shares of the stock traded hands, compared to its average volume of 283,988. Invesco BulletShares 2030 Corporate Bond ETF has a twelve month low of $15.19 and a twelve month high of $17.14. The firm has a 50 day simple moving average of $16.80 and a two-hundred day simple moving average of $16.45.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.061 per share. This represents a $0.73 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date was Monday, September 23rd.

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.