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

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 223,641 shares, a decrease of 63.5% from the January 29th total of 613,335 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 632,330 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 632,330 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

BSCT opened at $18.87 on Thursday. The business’s 50-day moving average price is $18.86 and its two-hundred day moving average price is $18.84. Invesco BulletShares 2029 Corporate Bond ETF has a 1 year low of $18.14 and a 1 year high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be given a $0.0674 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Monday, February 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

A number of large investors have recently bought and sold shares of the company. Tempo Wealth LLC acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at approximately $1,062,000. Coastline Complete Wealth LLC acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter worth $3,325,000. Claris Financial LLC bought a new position in Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at $216,000. Invesco Ltd. increased its stake in Invesco BulletShares 2029 Corporate Bond ETF by 8.7% in the 4th quarter. Invesco Ltd. now owns 2,905,659 shares of the company’s stock valued at $54,728,000 after buying an additional 233,558 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 3,855.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 878,491 shares of the company’s stock worth $16,546,000 after buying an additional 856,284 shares in the last quarter.

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.