Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 77.2% in April

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 226,700 shares, an increase of 77.2% from the March 31st total of 127,900 shares. Based on an average daily volume of 247,000 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Sigma Investment Counselors Inc. grew its stake 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 valued at $362,000 after acquiring an additional 1,080 shares in the last quarter. Capital Investment Advisors LLC grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 8.4% during the fourth quarter. Capital Investment Advisors LLC now owns 17,798 shares of the company’s stock valued at $296,000 after acquiring an additional 1,374 shares in the last quarter. Ancora Advisors LLC grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 12.1% during the third quarter. Ancora Advisors LLC now owns 12,697 shares of the company’s stock valued at $198,000 after acquiring an additional 1,375 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 5.4% during the third quarter. Commonwealth Equity Services LLC now owns 28,455 shares of the company’s stock valued at $443,000 after acquiring an additional 1,450 shares in the last quarter. Finally, Timber Creek Capital Management LLC grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 3.1% during the first quarter. Timber Creek Capital Management LLC now owns 49,717 shares of the company’s stock valued at $815,000 after acquiring an additional 1,501 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCU traded up $0.04 during midday trading on Friday, reaching $15.98. The stock had a trading volume of 254,619 shares, compared to its average volume of 263,947. The stock has a 50-day moving average of $16.25 and a 200-day moving average of $16.17. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $15.19 and a 12-month high of $17.39.

Invesco BulletShares 2030 Corporate Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.0651 per share. The ex-dividend date is Monday, April 22nd. This represents a $0.78 annualized dividend and a yield of 4.89%.

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.