Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Significant Increase in Short Interest

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 495,473 shares, a growth of 115.1% from the December 15th total of 230,363 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,037,516 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 1,037,516 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BSCT. Angeles Wealth Management LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at about $39,000. CX Institutional acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter valued at about $45,000. BankPlus Trust Department acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter valued at about $48,000. IFP Advisors Inc raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 175.7% during the 2nd quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock valued at $48,000 after buying an additional 1,625 shares during the period. Finally, OLD Second National Bank of Aurora acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter worth approximately $50,000.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

BSCT opened at $18.88 on Thursday. Invesco BulletShares 2029 Corporate Bond ETF has a 1 year low of $18.14 and a 1 year high of $18.97. The firm has a 50 day moving average price of $18.84 and a 200 day moving average price of $18.80.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $0.0701 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.