Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 41.5% in February

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 591,200 shares, an increase of 41.5% from the February 13th total of 417,800 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average trading volume of 745,300 shares, the short-interest ratio is currently 0.8 days.

Invesco BulletShares 2030 Corporate Bond ETF Trading Up 0.1 %

Shares of BSCU opened at $16.52 on Monday. Invesco BulletShares 2030 Corporate Bond ETF has a 52-week low of $15.89 and a 52-week high of $17.13. The stock has a 50 day simple moving average of $16.44 and a 200 day simple moving average of $16.58.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.0615 per share. The ex-dividend date was Monday, February 24th. This is a boost from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06.

Institutional Trading of Invesco BulletShares 2030 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of BSCU. Atria Investments Inc grew its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 32.3% in the 3rd quarter. Atria Investments Inc now owns 71,463 shares of the company’s stock valued at $1,211,000 after acquiring an additional 17,443 shares in the last quarter. Straight Path Wealth Management raised its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 12.0% in the 3rd quarter. Straight Path Wealth Management now owns 112,393 shares of the company’s stock valued at $1,905,000 after purchasing an additional 12,058 shares during the period. Sawgrass Asset Management LLC lifted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 6.8% in the 3rd quarter. Sawgrass Asset Management LLC now owns 91,807 shares of the company’s stock valued at $1,556,000 after purchasing an additional 5,823 shares during the last quarter. Prospera Financial Services Inc bought a new position in Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth about $240,000. Finally, First City Capital Management Inc. lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 12.1% in the third quarter. First City Capital Management Inc. now owns 34,425 shares of the company’s stock valued at $584,000 after buying an additional 3,725 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Company Profile

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.