Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Down 38.9% in February

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 229,300 shares, a drop of 38.9% from the February 13th total of 375,500 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 781,800 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Topsail Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter valued at $28,000. FMR LLC purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the third quarter worth $38,000. AdvisorNet Financial Inc purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at $54,000. United Community Bank purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at $101,000. Finally, OLD Point Trust & Financial Services N A purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter valued at approximately $180,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.1 %

Shares of BSCT stock traded down $0.01 during trading on Friday, hitting $18.47. 420,322 shares of the stock traded hands, compared to its average volume of 476,608. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $17.84 and a 52-week high of $18.96. The firm’s fifty day moving average price is $18.40 and its 200-day moving average price is $18.51.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a dividend of $0.0671 per share. The ex-dividend date was Monday, February 24th.

About Invesco BulletShares 2029 Corporate Bond ETF

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.