Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Down 45.8% in March

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 320,600 shares, a decline of 45.8% from the February 28th total of 591,200 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 742,100 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FMR LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 170,500.0% during the 3rd quarter. FMR LLC now owns 1,706 shares of the company’s stock worth $29,000 after acquiring an additional 1,705 shares during the period. JPMorgan Chase & Co. purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth approximately $37,000. Steward Partners Investment Advisory LLC raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 82.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,016 shares of the company’s stock worth $49,000 after purchasing an additional 1,367 shares during the period. Oarsman Capital Inc. acquired a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at $50,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter valued at $52,000.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.4 %

Shares of BSCU opened at $16.59 on Friday. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $15.89 and a fifty-two week high of $17.13. The stock has a fifty day moving average of $16.49 and a two-hundred day moving average of $16.56.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0622 per share. The ex-dividend date was Monday, March 24th. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

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.