Short Interest in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Increases By 1,411.6%

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 220,700 shares, an increase of 1,411.6% from the September 30th total of 14,600 shares. Based on an average daily trading volume, of 702,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2024 Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BSCO. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Invesco BulletShares 2024 Corporate Bond ETF in the third quarter valued at approximately $26,000. MONECO Advisors LLC boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 38.9% during the third quarter. MONECO Advisors LLC now owns 221,822 shares of the company’s stock valued at $4,685,000 after purchasing an additional 62,095 shares during the last quarter. Colton Groome Financial Advisors LLC increased its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 5.0% during the third quarter. Colton Groome Financial Advisors LLC now owns 154,346 shares of the company’s stock worth $3,260,000 after buying an additional 7,356 shares during the last quarter. 4Thought Financial Group Inc. increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 2.8% during the third quarter. 4Thought Financial Group Inc. now owns 195,426 shares of the company’s stock worth $4,127,000 after buying an additional 5,288 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 28.4% during the third quarter. J.W. Cole Advisors Inc. now owns 66,678 shares of the company’s stock worth $1,408,000 after purchasing an additional 14,762 shares during the period.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCO traded up $0.01 during trading on Friday, hitting $21.11. 368,642 shares of the stock were exchanged, compared to its average volume of 822,914. The company’s fifty day simple moving average is $21.12 and its 200-day simple moving average is $21.08. Invesco BulletShares 2024 Corporate Bond ETF has a 1-year low of $20.71 and a 1-year high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a $0.082 dividend. The ex-dividend date was Monday, October 21st. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.66%.

Invesco BulletShares 2024 Corporate Bond ETF Company Profile

The Invesco BulletShares 2024 Corporate Bond ETF (BSCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.