Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Update

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 229,300 shares, a drop of 38.9% from the February 13th total of 375,500 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 781,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSCT. FMR LLC acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth about $38,000. HighTower Advisors LLC lifted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 14.5% during the 3rd quarter. HighTower Advisors LLC now owns 32,052 shares of the company’s stock worth $605,000 after buying an additional 4,060 shares during the period. Allen Capital Group LLC boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 46.6% in the 3rd quarter. Allen Capital Group LLC now owns 15,370 shares of the company’s stock valued at $289,000 after buying an additional 4,883 shares in the last quarter. Monterey Private Wealth Inc. grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 20.9% in the fourth quarter. Monterey Private Wealth Inc. now owns 16,666 shares of the company’s stock valued at $306,000 after acquiring an additional 2,879 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in Invesco BulletShares 2029 Corporate Bond ETF by 16.9% during the third quarter. Integrated Wealth Concepts LLC now owns 34,682 shares of the company’s stock worth $652,000 after acquiring an additional 5,006 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of BSCT opened at $18.48 on Monday. The stock’s 50-day moving average price is $18.40 and its 200 day moving average price is $18.51. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $17.84 and a 12-month high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were issued a dividend of $0.0671 per share. The ex-dividend date of this dividend was Monday, February 24th.

About Invesco BulletShares 2029 Corporate Bond ETF

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.