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

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 212,100 shares, a growth of 13.5% from the August 15th total of 186,800 shares. Based on an average trading volume of 328,200 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCU remained flat at $17.05 during trading on Tuesday. 250,259 shares of the company’s stock were exchanged, compared to its average volume of 281,108. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $15.19 and a one year high of $17.14. The business’s 50 day moving average is $16.70 and its 200 day moving average is $16.41.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were issued a $0.071 dividend. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.85 annualized dividend and a yield of 5.00%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Concourse Financial Group Securities Inc. bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at about $28,000. Vima LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at approximately $30,000. YHB Investment Advisors Inc. acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 1st quarter valued at $46,000. Strategic Financial Concepts LLC lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1,118.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 350,911 shares of the company’s stock worth $57,000 after buying an additional 322,113 shares during the period. Finally, Key Financial Inc acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the second quarter valued at approximately $73,000.

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.