Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 27.4% in June

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 29,800 shares, an increase of 27.4% from the May 31st total of 23,400 shares. Based on an average daily volume of 237,100 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCU opened at $16.26 on Friday. The company’s 50 day moving average is $16.21 and its two-hundred day moving average is $16.33. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $15.19 and a 52 week high of $17.14.

Invesco BulletShares 2030 Corporate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.0679 dividend. This represents a $0.81 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Concourse Financial Group Securities Inc. purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 1st quarter valued at $28,000. Vima LLC purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth $30,000. YHB Investment Advisors Inc. purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 1st quarter worth $46,000. First Horizon Advisors Inc. purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth $72,000. Finally, Tennessee Valley Asset Management Partners purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth $79,000.

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.