Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Update

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 51,800 shares, a growth of 29.2% from the June 30th total of 40,100 shares. Based on an average daily trading volume, of 246,900 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 8.3% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 9,207 shares of the company’s stock worth $151,000 after purchasing an additional 705 shares during the last quarter. Country Club Bank lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 0.4% during the 2nd quarter. Country Club Bank now owns 256,164 shares of the company’s stock worth $4,173,000 after purchasing an additional 909 shares during the last quarter. Sawgrass Asset Management LLC lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 1.1% during the 2nd quarter. Sawgrass Asset Management LLC now owns 85,984 shares of the company’s stock worth $1,398,000 after purchasing an additional 960 shares during the last quarter. Sigma Investment Counselors Inc. lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5.1% during the 1st quarter. Sigma Investment Counselors Inc. now owns 22,061 shares of the company’s stock worth $362,000 after purchasing an additional 1,080 shares during the last quarter. Finally, Timber Creek Capital Management LLC lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 3.1% during the 1st quarter. Timber Creek Capital Management LLC now owns 49,717 shares of the company’s stock worth $815,000 after purchasing an additional 1,501 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of BSCU stock opened at $16.50 on Tuesday. Invesco BulletShares 2030 Corporate Bond ETF has a 52 week low of $15.19 and a 52 week high of $17.14. The firm has a 50 day moving average of $16.33 and a two-hundred day moving average of $16.31.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were given a $0.069 dividend. This represents a $0.83 annualized dividend and a yield of 5.02%. The ex-dividend date was Monday, July 22nd. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.