Short Interest in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Drops By 96.6%

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 21,500 shares, a decrease of 96.6% from the October 31st total of 627,400 shares. Based on an average daily trading volume, of 857,200 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2024 Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF during the third quarter worth about $26,000. Mather Group LLC. boosted its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 292.5% in the 2nd quarter. Mather Group LLC. now owns 1,680 shares of the company’s stock valued at $35,000 after acquiring an additional 1,252 shares during the last quarter. Unique Wealth Strategies LLC purchased a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the 2nd quarter valued at $36,000. Northwest Investment Counselors LLC acquired a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the third quarter worth $37,000. Finally, RPg Family Wealth Advisory LLC purchased a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF during the third quarter worth $72,000.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

Shares of BSCO traded up $0.01 during mid-day trading on Wednesday, hitting $21.11. 1,510,912 shares of the company traded hands, compared to its average volume of 849,609. The business has a 50 day moving average of $21.13 and a 200 day moving average of $21.10. Invesco BulletShares 2024 Corporate Bond ETF has a 1-year low of $20.78 and a 1-year high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were paid a dividend of $0.0859 per share. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous dividend of $0.04. The ex-dividend date was Monday, November 18th.

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.