Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Up 52.3% in February

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 375,500 shares, an increase of 52.3% from the January 31st total of 246,500 shares. Based on an average daily trading volume, of 790,000 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Institutional investors have recently made changes to their positions in the business. Hobbs Group Advisors LLC increased its position in Invesco BulletShares 2029 Corporate Bond ETF by 1.1% during the 4th quarter. Hobbs Group Advisors LLC now owns 51,944 shares of the company’s stock valued at $953,000 after buying an additional 551 shares in the last quarter. Sax Wealth Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.8% during the fourth quarter. Sax Wealth Advisors LLC now owns 21,853 shares of the company’s stock valued at $401,000 after acquiring an additional 806 shares in the last quarter. Waverly Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 4.6% during the fourth quarter. Waverly Advisors LLC now owns 20,288 shares of the company’s stock valued at $372,000 after acquiring an additional 900 shares in the last quarter. G2 Capital Management LLC OH raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.1% in the 4th quarter. G2 Capital Management LLC OH now owns 81,611 shares of the company’s stock valued at $1,497,000 after purchasing an additional 918 shares during the last quarter. Finally, Principal Securities Inc. boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 9.9% in the 4th quarter. Principal Securities Inc. now owns 13,706 shares of the company’s stock worth $251,000 after purchasing an additional 1,230 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Trading Down 0.1 %

Shares of NASDAQ BSCT traded down $0.02 during trading hours on Tuesday, hitting $18.55. 712,039 shares of the stock were exchanged, compared to its average volume of 468,942. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $17.84 and a 12 month high of $18.96. The firm has a fifty day moving average price of $18.36 and a 200-day moving average price of $18.52.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.0671 per share. The ex-dividend date was Monday, February 24th.

Invesco BulletShares 2029 Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 Corporate Bond ETF (BSCT) 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 2029. BSCT was launched on Sep 12, 2019 and is managed by Invesco.