Short Interest in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Rises By 41.5%

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large 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 trading volume of 745,300 shares, the short-interest ratio is currently 0.8 days. Approximately 0.7% of the company’s shares 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 added to or reduced their stakes in the company. FMR LLC increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 170,500.0% in the third quarter. FMR LLC now owns 1,706 shares of the company’s stock valued at $29,000 after acquiring an additional 1,705 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the third quarter worth about $37,000. Steward Partners Investment Advisory LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 82.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,016 shares of the company’s stock valued at $49,000 after purchasing an additional 1,367 shares during the period. Oarsman Capital Inc. bought a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at approximately $50,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter worth approximately $52,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU opened at $16.52 on Tuesday. The stock’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 has a 1 year low of $15.89 and a 1 year high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

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

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.