Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Update

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 437,438 shares, an increase of 95.6% from the February 12th total of 223,641 shares. Based on an average daily volume of 611,437 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 611,437 shares, the days-to-cover ratio is currently 0.7 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

NASDAQ BSCT traded down $0.05 on Thursday, reaching $18.71. 302,588 shares of the company were exchanged, compared to its average volume of 800,481. The business’s fifty day moving average price is $18.86 and its 200 day moving average price is $18.85. Invesco BulletShares 2029 Corporate Bond ETF has a fifty-two week low of $18.14 and a fifty-two week high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.0674 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, February 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter worth approximately $32,000. AlphaCore Capital LLC acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at approximately $34,000. CX Institutional purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth approximately $45,000. OLD Second National Bank of Aurora purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth approximately $50,000. Finally, IFP Advisors Inc raised its position in Invesco BulletShares 2029 Corporate Bond ETF by 21.5% in the fourth quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock valued at $59,000 after purchasing an additional 551 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 Corporate Bond ETF (BSCT) 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 2029. BSCT was launched on Sep 12, 2019 and is managed by Invesco.