Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Short Interest Up 184.3% in October

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 627,400 shares, a growth of 184.3% from the October 15th total of 220,700 shares. Based on an average trading volume of 774,600 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Comprehensive Financial Consultants Institutional Inc. lifted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 1.4% during the third quarter. Comprehensive Financial Consultants Institutional Inc. now owns 33,963 shares of the company’s stock worth $717,000 after purchasing an additional 474 shares in the last quarter. Koss Olinger Consulting LLC increased its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 1.1% in the 3rd quarter. Koss Olinger Consulting LLC now owns 49,671 shares of the company’s stock valued at $1,049,000 after buying an additional 529 shares during the period. Sensible Money LLC lifted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 1.4% during the second quarter. Sensible Money LLC now owns 42,012 shares of the company’s stock valued at $885,000 after acquiring an additional 570 shares during the period. Apeiron RIA LLC boosted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 1.6% in the second quarter. Apeiron RIA LLC now owns 46,566 shares of the company’s stock valued at $981,000 after acquiring an additional 746 shares during the last quarter. Finally, Valmark Advisers Inc. increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 6.6% in the second quarter. Valmark Advisers Inc. now owns 14,648 shares of the company’s stock worth $308,000 after purchasing an additional 904 shares during the period.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of BSCO opened at $21.16 on Wednesday. The business’s 50 day simple moving average is $21.13 and its 200-day simple moving average is $21.09. Invesco BulletShares 2024 Corporate Bond ETF has a one year low of $20.75 and a one year high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a $0.082 dividend. The ex-dividend date was Monday, October 21st. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.65%.

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.