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 decline in short interest in the month of March. As of March 15th, there was short interest totalling 320,600 shares, a decline of 45.8% from the February 28th total of 591,200 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 742,100 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth about $62,324,000. Aptus Capital Advisors LLC increased its stake in Invesco BulletShares 2030 Corporate Bond ETF by 97.7% during the fourth 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 during the period. TruWealth Advisors LLC lifted its position 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 in the last quarter. Hills Bank & Trust Co boosted its stake 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 purchasing an additional 1,678,160 shares during the period. Finally, Motley Fool Wealth Management LLC grew its holdings 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 purchasing an additional 764,539 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.4 %

BSCU stock traded up $0.07 during mid-day trading on Friday, hitting $16.59. 300,708 shares of the company were exchanged, compared to its average volume of 421,893. The business has a fifty day simple moving average of $16.49 and a 200-day simple moving average of $16.56. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $15.89 and a 12-month high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0622 dividend. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, March 24th.

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.