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

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

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.1 %

Invesco BulletShares 2029 Corporate Bond ETF stock traded down $0.01 during mid-day trading on Friday, reaching $18.47. The company’s stock had a trading volume of 420,322 shares, compared to its average volume of 476,608. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $17.84 and a 12 month high of $18.96. The business’s 50 day simple moving average is $18.40 and its 200 day simple moving average is $18.51.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently announced 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 was Monday, February 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BSCT. Hobbs Group Advisors LLC boosted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.1% during the 4th quarter. Hobbs Group Advisors LLC now owns 51,944 shares of the company’s stock valued at $953,000 after acquiring an additional 551 shares in the last quarter. Sax Wealth Advisors LLC boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.8% during the 4th quarter. Sax Wealth Advisors LLC now owns 21,853 shares of the company’s stock worth $401,000 after purchasing an additional 806 shares in the last quarter. Waverly Advisors LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 4.6% during the fourth quarter. Waverly Advisors LLC now owns 20,288 shares of the company’s stock worth $372,000 after purchasing an additional 900 shares during the period. G2 Capital Management LLC OH raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.1% in the 4th quarter. G2 Capital Management LLC OH now owns 81,611 shares of the company’s stock worth $1,497,000 after acquiring an additional 918 shares during the last quarter. Finally, Principal Securities Inc. lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.9% in the fourth quarter. Principal Securities Inc. now owns 13,706 shares of the company’s stock valued at $251,000 after purchasing an additional 1,230 shares in 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.