Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Significant Increase in Short Interest

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 591,200 shares, an increase of 41.5% from the February 13th total of 417,800 shares. Based on an average daily volume of 745,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.7% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSCU. Atria Investments Inc increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 32.3% during the third quarter. Atria Investments Inc now owns 71,463 shares of the company’s stock worth $1,211,000 after acquiring an additional 17,443 shares during the period. Straight Path Wealth Management grew its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 12.0% during the 3rd quarter. Straight Path Wealth Management now owns 112,393 shares of the company’s stock worth $1,905,000 after purchasing an additional 12,058 shares in the last quarter. Sawgrass Asset Management LLC increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 6.8% during the third quarter. Sawgrass Asset Management LLC now owns 91,807 shares of the company’s stock worth $1,556,000 after purchasing an additional 5,823 shares during the period. Prospera Financial Services Inc bought a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth approximately $240,000. Finally, First City Capital Management Inc. boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 12.1% in the third quarter. First City Capital Management Inc. now owns 34,425 shares of the company’s stock valued at $584,000 after buying an additional 3,725 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.1 %

Shares of BSCU opened at $16.52 on Monday. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $15.89 and a 52 week high of $17.13. The firm’s 50-day simple moving average is $16.44 and its 200 day simple moving average is $16.58.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a dividend of $0.0615 per share. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, February 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.