Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 83.9% in June

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 463,556 shares, a growth of 83.9% from the June 15th total of 252,109 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 547,559 shares, the days-to-cover ratio is presently 0.8 days.

Invesco BulletShares 2030 Corporate Bond ETF Trading Down 0.1%

Shares of BSCU stock opened at $16.62 on Friday. Invesco BulletShares 2030 Corporate Bond ETF has a 12-month low of $16.51 and a 12-month high of $17.06. The business’s 50 day moving average is $16.64 and its two-hundred day moving average is $16.78.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0642 per share. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Institutional investors have recently modified their holdings of the stock. AlphaCore Capital LLC acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth about $34,000. Ascentis Independent Advisors acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the first quarter valued at approximately $36,000. International Assets Investment Management LLC purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the fourth quarter valued at approximately $53,000. AdvisorNet Financial Inc boosted its stake in shares of 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 worth $57,000 after acquiring an additional 2,257 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 42.1% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 5,176 shares of the company’s stock worth $88,000 after purchasing an additional 1,534 shares in the last quarter.

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.