Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Rises By 209.9%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 536,362 shares, a growth of 209.9% from the June 30th total of 173,068 shares. Based on an average daily trading volume, of 572,378 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are sold short.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

BSCT opened at $18.45 on Monday. The business’s 50-day moving average price is $18.57 and its 200-day moving average price is $18.70. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $18.42 and a 12 month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.0701 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, July 20th.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the first quarter valued at approximately $8,555,000. JPMorgan Chase & Co. grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 200.4% in the second quarter. JPMorgan Chase & Co. now owns 268,490 shares of the company’s stock worth $5,021,000 after purchasing an additional 179,107 shares during the last quarter. Invesco Ltd. increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 18.5% in the second quarter. Invesco Ltd. now owns 2,536,166 shares of the company’s stock worth $47,426,000 after buying an additional 395,428 shares during the period. Brown Advisory Inc. purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth $303,000. Finally, Raymond James Financial Inc. increased its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.2% in the second quarter. Raymond James Financial Inc. now owns 4,403,485 shares of the company’s stock worth $82,345,000 after buying an additional 371,271 shares during the period.

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.