Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Short Interest Update

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 464,000 shares, a growth of 129.8% from the July 31st total of 201,900 shares. Based on an average daily volume of 697,300 shares, the days-to-cover ratio is currently 0.7 days.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Invesco BulletShares 2024 Corporate Bond ETF stock traded up $0.01 during mid-day trading on Friday, reaching $21.11. 261,647 shares of the company were exchanged, compared to its average volume of 845,609. Invesco BulletShares 2024 Corporate Bond ETF has a 12 month low of $20.64 and a 12 month high of $21.15. The company has a fifty day simple moving average of $21.09 and a 200-day simple moving average of $21.03.

Invesco BulletShares 2024 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.075 per share. The ex-dividend date was Monday, August 19th. This represents a $0.90 annualized dividend and a dividend yield of 4.26%.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 74.6% during the first quarter. Larson Financial Group LLC now owns 1,461 shares of the company’s stock valued at $31,000 after acquiring an additional 624 shares during the last quarter. Mather Group LLC. grew its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 292.5% during the 2nd quarter. Mather Group LLC. now owns 1,680 shares of the company’s stock worth $35,000 after acquiring an additional 1,252 shares during the period. Northwest Investment Counselors LLC purchased a new stake in Invesco BulletShares 2024 Corporate Bond ETF during the 1st quarter worth about $36,000. Unique Wealth Strategies LLC bought a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF in the second quarter worth approximately $36,000. Finally, Palisade Asset Management LLC bought a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF during the 1st quarter valued at about $50,000.

About Invesco BulletShares 2024 Corporate Bond ETF

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.