Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Sees Large Growth in Short Interest

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 627,400 shares, an increase of 184.3% from the October 15th total of 220,700 shares. Based on an average trading volume of 774,600 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the 3rd quarter valued at approximately $26,000. Mather Group LLC. increased its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 292.5% in the second quarter. Mather Group LLC. now owns 1,680 shares of the company’s stock valued at $35,000 after buying an additional 1,252 shares during the last quarter. Unique Wealth Strategies LLC purchased a new stake in Invesco BulletShares 2024 Corporate Bond ETF during the 2nd quarter worth about $36,000. Northwest Investment Counselors LLC purchased a new stake in Invesco BulletShares 2024 Corporate Bond ETF during the 3rd quarter worth about $37,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF during the 3rd quarter worth about $72,000.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

Invesco BulletShares 2024 Corporate Bond ETF stock opened at $21.16 on Friday. The company has a 50-day moving average price of $21.14 and a 200 day moving average price of $21.09. Invesco BulletShares 2024 Corporate Bond ETF has a 12-month low of $20.75 and a 12-month high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a dividend of $0.082 per share. This represents a $0.98 annualized dividend and a yield of 4.65%. The ex-dividend date was Monday, October 21st. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08.

Invesco BulletShares 2024 Corporate Bond ETF Company Profile

The Invesco BulletShares 2024 Corporate Bond ETF (BSCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.