Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Growth in Short Interest

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 543,968 shares, a growth of 49.4% from the July 15th total of 364,223 shares. Based on an average daily volume of 699,713 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds have recently modified their holdings of the business. AlphaCore Capital LLC acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter valued at about $34,000. Ascentis Independent Advisors bought a new position in Invesco BulletShares 2030 Corporate Bond ETF in the first quarter worth approximately $36,000. International Assets Investment Management LLC bought a new position in Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter worth approximately $53,000. AdvisorNet Financial Inc grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 191.9% in the first quarter. AdvisorNet Financial Inc now owns 3,433 shares of the company’s stock valued at $57,000 after acquiring an additional 2,257 shares during the period. Finally, Sarver Vrooman Wealth Advisors grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 42.1% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 5,176 shares of the company’s stock valued at $88,000 after acquiring an additional 1,534 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

NASDAQ BSCU traded up $0.02 on Wednesday, hitting $16.59. 135,190 shares of the stock were exchanged, compared to its average volume of 667,378. The business’s fifty day moving average is $16.60 and its 200 day moving average is $16.72. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $16.45 and a 52 week high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a $0.0639 dividend. The ex-dividend date was Monday, July 20th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

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.