Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Update

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 306,563 shares, an increase of 645.0% from the April 30th total of 41,152 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 494,928 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC raised its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 6.8% during the 3rd quarter. Clearstead Advisors LLC now owns 3,335,031 shares of the company’s stock worth $56,362,000 after buying an additional 211,975 shares during the period. Avior Wealth Management LLC grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 28.1% during the 4th quarter. Avior Wealth Management LLC now owns 158,034 shares of the company’s stock worth $2,674,000 after purchasing an additional 34,619 shares in the last quarter. Atria Investments Inc grew its position in Invesco BulletShares 2030 Corporate Bond ETF by 31.1% during the 3rd quarter. Atria Investments Inc now owns 209,678 shares of the company’s stock worth $3,544,000 after purchasing an additional 49,777 shares in the last quarter. Asset Dedication LLC boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 9.5% during the 3rd quarter. Asset Dedication LLC now owns 502,991 shares of the company’s stock worth $8,501,000 after acquiring an additional 43,574 shares during the period. Finally, Cordatus Wealth Management LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth about $835,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

NASDAQ BSCU traded up $0.03 during trading hours on Friday, reaching $16.70. The company’s stock had a trading volume of 152,736 shares, compared to its average volume of 665,030. The business has a 50-day simple moving average of $16.71 and a 200 day simple moving average of $16.85. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $16.51 and a 52 week high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.0649 dividend. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Monday, May 18th.

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.