Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 134.6% in December

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 648,304 shares, a growth of 134.6% from the December 15th total of 276,294 shares. Based on an average daily trading volume, of 1,244,707 shares, the short-interest ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,244,707 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Key Financial Inc grew its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5.3% in the third quarter. Key Financial Inc now owns 11,860 shares of the company’s stock worth $201,000 after purchasing an additional 600 shares in the last quarter. AA Financial Advisors LLC boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 2.1% during the 4th quarter. AA Financial Advisors LLC now owns 31,918 shares of the company’s stock valued at $540,000 after purchasing an additional 668 shares in the last quarter. First City Capital Management Inc. increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 2.1% during the 4th quarter. First City Capital Management Inc. now owns 34,333 shares of the company’s stock valued at $581,000 after purchasing an additional 700 shares during the period. Larson Financial Group LLC raised its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 4.3% in the 3rd quarter. Larson Financial Group LLC now owns 19,508 shares of the company’s stock worth $330,000 after buying an additional 801 shares in the last quarter. Finally, Ledgewood Wealth Advisors LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 0.7% in the second quarter. Ledgewood Wealth Advisors LLC now owns 125,029 shares of the company’s stock valued at $2,098,000 after buying an additional 863 shares during the period.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of BSCU opened at $16.96 on Thursday. The firm has a fifty day moving average of $16.92 and a 200-day moving average of $16.89. Invesco BulletShares 2030 Corporate Bond ETF has a 1 year low of $16.17 and a 1 year high of $17.06.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.063 dividend. The ex-dividend date was Monday, December 22nd. This represents a c) annualized dividend and a yield of 4.5%.

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.