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

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU – Get Rating) saw a large decline in short interest in April. As of April 30th, there was short interest totalling 300 shares, a decline of 62.5% from the April 15th total of 800 shares. Based on an average daily trading volume, of 28,400 shares, the days-to-cover ratio is currently 0.0 days.

BSCU opened at $16.75 on Thursday. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.55 and a fifty-two week high of $20.02. The firm’s fifty day moving average is $17.40 and its 200 day moving average is $18.46.

The business also recently declared a monthly dividend, which was paid on Friday, April 29th. Shareholders of record on Tuesday, April 19th were issued a $0.036 dividend. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.03. This represents a $0.43 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date was Monday, April 18th.

A number of hedge funds and other institutional investors have recently made changes to their positions in BSCU. Morgan Stanley increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 15,310.9% in the 2nd quarter. Morgan Stanley now owns 16,952 shares of the company’s stock valued at $333,000 after acquiring an additional 16,842 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 101.3% in the 2nd quarter. Wells Fargo & Company MN now owns 1,590 shares of the company’s stock valued at $31,000 after acquiring an additional 800 shares during the last quarter. Advisor Group Holdings Inc. increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 6.5% in the 3rd quarter. Advisor Group Holdings Inc. now owns 12,625 shares of the company’s stock valued at $246,000 after acquiring an additional 775 shares during the last quarter. Legacy Private Trust Co. bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at $1,440,000. Finally, Apella Capital LLC increased its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 4.7% in the 4th quarter. Apella Capital LLC now owns 20,125 shares of the company’s stock valued at $390,000 after acquiring an additional 908 shares during the last quarter.

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