Short Interest in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Expands By 645.0%

by · The Cerbat Gem

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU – Get Free Report) was the target 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 company’s stock are short sold. Based on an average daily volume of 494,928 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU stock opened at $16.68 on Friday. The firm 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 declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a dividend of $0.0649 per share. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Monday, May 18th.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in the stock. AE Wealth Management LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the third quarter valued at approximately $31,000. AlphaCore Capital LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at approximately $34,000. Ascentis Independent Advisors acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the first quarter valued at approximately $36,000. International Assets Investment Management LLC acquired a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at approximately $53,000. Finally, AdvisorNet Financial Inc lifted 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 last quarter.

About Invesco BulletShares 2030 Corporate Bond ETF

(Get Free Report)

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.

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