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

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 375,500 shares, an increase of 64.3% from the December 15th total of 228,500 shares. Based on an average trading volume of 646,900 shares, the days-to-cover ratio is presently 0.6 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.6 %

NASDAQ:BSCT traded up $0.11 during trading hours on Wednesday, hitting $18.31. The stock had a trading volume of 1,263,747 shares, compared to its average volume of 861,583. The business has a 50 day simple moving average of $18.40 and a two-hundred day simple moving average of $18.52. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $17.84 and a 1-year high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.0707 per share. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brookstone Capital Management purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the fourth quarter worth about $24,644,000. Raymond James & Associates grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 71.1% during the 3rd quarter. Raymond James & Associates now owns 2,550,819 shares of the company’s stock valued at $47,981,000 after purchasing an additional 1,059,729 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 37.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 2,162,775 shares of the company’s stock worth $40,682,000 after purchasing an additional 591,205 shares during the last quarter. Capital Investment Counsel LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 189.8% in the 3rd quarter. Capital Investment Counsel LLC now owns 686,832 shares of the company’s stock valued at $12,919,000 after purchasing an additional 449,824 shares in the last quarter. Finally, Hills Bank & Trust Co boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 116.3% during the 3rd quarter. Hills Bank & Trust Co now owns 828,201 shares of the company’s stock valued at $15,578,000 after buying an additional 445,291 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Company Profile

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.