Short Interest in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Decreases By 66.4%

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 78,295 shares, a drop of 66.4% from the February 26th total of 232,817 shares. Based on an average daily volume of 673,015 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Independence Bank of Kentucky increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 0.9% during the fourth quarter. Independence Bank of Kentucky now owns 70,090 shares of the company’s stock worth $1,186,000 after purchasing an additional 598 shares during the last quarter. Key Financial Inc boosted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 5.3% in the 3rd quarter. Key Financial Inc now owns 11,860 shares of the company’s stock valued at $201,000 after purchasing an additional 600 shares during the last quarter. Allworth Financial LP grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.4% in the 4th quarter. Allworth Financial LP now owns 9,455 shares of the company’s stock valued at $160,000 after buying an additional 650 shares during the period. AA Financial Advisors LLC grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.1% in the 4th quarter. AA Financial Advisors LLC now owns 31,918 shares of the company’s stock valued at $540,000 after buying an additional 668 shares during the period. Finally, First City Capital Management Inc. increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.1% during the 4th quarter. First City Capital Management Inc. now owns 34,333 shares of the company’s stock worth $581,000 after buying an additional 700 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2030 Corporate Bond ETF stock opened at $16.67 on Thursday. The stock’s 50 day simple moving average is $16.89 and its 200-day simple moving average is $16.92. Invesco BulletShares 2030 Corporate Bond ETF has a 1-year low of $16.17 and a 1-year high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, March 23rd.

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.