Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Down 31.0% in February

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 417,800 shares, a decline of 31.0% from the January 31st total of 605,900 shares. Based on an average trading volume of 710,800 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2030 Corporate Bond ETF stock traded down $0.02 on Tuesday, hitting $16.62. The stock had a trading volume of 610,789 shares, compared to its average volume of 400,969. Invesco BulletShares 2030 Corporate Bond ETF has a twelve month low of $15.89 and a twelve month high of $17.13. The business’s 50 day moving average is $16.41 and its two-hundred day moving average is $16.59.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a $0.0615 dividend. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, February 24th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BSCU. Raymond James Financial Inc. acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at about $62,324,000. Aptus Capital Advisors LLC grew its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 97.7% during the 4th quarter. Aptus Capital Advisors LLC now owns 6,625,611 shares of the company’s stock worth $108,461,000 after purchasing an additional 3,274,683 shares in the last quarter. TruWealth Advisors LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 380.8% during the fourth quarter. TruWealth Advisors LLC now owns 3,278,163 shares of the company’s stock worth $53,664,000 after purchasing an additional 2,596,320 shares during the period. Hills Bank & Trust Co raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 8,252.6% in the fourth quarter. Hills Bank & Trust Co now owns 1,698,495 shares of the company’s stock valued at $27,804,000 after buying an additional 1,678,160 shares in the last quarter. Finally, Motley Fool Wealth Management LLC raised its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 58.2% in the fourth quarter. Motley Fool Wealth Management LLC now owns 2,077,358 shares of the company’s stock valued at $33,955,000 after buying an additional 764,539 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.