Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Down 6.9% in September

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 197,400 shares, a drop of 6.9% from the August 31st total of 212,100 shares. Based on an average trading volume of 340,900 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Up 0.4 %

Invesco BulletShares 2030 Corporate Bond ETF stock traded up $0.06 during mid-day trading on Friday, hitting $16.98. 226,160 shares of the company’s stock traded hands, compared to its average volume of 285,186. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $15.19 and a one year high of $17.14. The firm has a 50 day moving average price of $16.79 and a 200 day moving average price of $16.44.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.061 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.73 dividend on an annualized basis and a yield of 4.31%.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 8.3% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 9,207 shares of the company’s stock valued at $151,000 after purchasing an additional 705 shares in the last quarter. Country Club Bank boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 0.4% during the 2nd quarter. Country Club Bank now owns 256,164 shares of the company’s stock valued at $4,173,000 after purchasing an additional 909 shares in the last quarter. Sawgrass Asset Management LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.1% in the 2nd quarter. Sawgrass Asset Management LLC now owns 85,984 shares of the company’s stock worth $1,398,000 after purchasing an additional 960 shares during the last quarter. G2 Capital Management LLC OH raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.2% in the 2nd quarter. G2 Capital Management LLC OH now owns 86,444 shares of the company’s stock worth $1,406,000 after purchasing an additional 1,061 shares in the last quarter. Finally, Sigma Investment Counselors Inc. boosted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 5.1% during the first quarter. Sigma Investment Counselors Inc. now owns 22,061 shares of the company’s stock worth $362,000 after buying an additional 1,080 shares in the last quarter.

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.