Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 69.3% in September

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 334,200 shares, a growth of 69.3% from the September 15th total of 197,400 shares. Based on an average trading volume of 358,200 shares, the short-interest ratio is presently 0.9 days.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.2 %

Invesco BulletShares 2030 Corporate Bond ETF stock traded down $0.03 during midday trading on Monday, reaching $16.73. The stock had a trading volume of 120,669 shares, compared to its average volume of 288,001. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $15.19 and a 12 month high of $17.14. The firm’s 50-day moving average price is $16.86 and its 200 day moving average price is $16.48.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date was Monday, September 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter valued at about $28,000. Vima LLC purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter worth about $30,000. Strategic Financial Concepts LLC grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1,118.5% during the second quarter. Strategic Financial Concepts LLC now owns 350,911 shares of the company’s stock worth $57,000 after purchasing an additional 322,113 shares in the last quarter. Key Financial Inc purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth about $73,000. Finally, Larson Financial Group LLC purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the second quarter worth about $114,000.

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.