Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Large Decrease in Short Interest

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 320,600 shares, a drop of 45.8% from the February 28th total of 591,200 shares. Based on an average daily volume of 742,100 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in BSCU. FMR LLC boosted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 170,500.0% during the 3rd quarter. FMR LLC now owns 1,706 shares of the company’s stock valued at $29,000 after acquiring an additional 1,705 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco BulletShares 2030 Corporate Bond ETF in the 3rd quarter valued at about $37,000. Steward Partners Investment Advisory LLC boosted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 82.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,016 shares of the company’s stock valued at $49,000 after purchasing an additional 1,367 shares during the last quarter. Oarsman Capital Inc. purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at approximately $50,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth approximately $52,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2030 Corporate Bond ETF stock opened at $16.52 on Friday. The stock’s 50 day simple moving average is $16.49 and its 200-day simple moving average is $16.56. Invesco BulletShares 2030 Corporate Bond ETF has a 1-year low of $15.89 and a 1-year high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.0622 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

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.