Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Down 63.5% in February

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 223,641 shares, a decline of 63.5% from the January 29th total of 613,335 shares. Based on an average daily trading volume, of 632,330 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 632,330 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the first quarter worth about $8,555,000. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 0.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,721,701 shares of the company’s stock worth $32,196,000 after buying an additional 9,254 shares during the period. Redmond Asset Management LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 24.5% during the 2nd quarter. Redmond Asset Management LLC now owns 19,664 shares of the company’s stock worth $368,000 after purchasing an additional 3,870 shares in the last quarter. Atria Investments Inc grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.4% during the second quarter. Atria Investments Inc now owns 177,031 shares of the company’s stock valued at $3,310,000 after buying an additional 5,845 shares in the last quarter. Finally, ArborFi Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.9% in the 2nd quarter. ArborFi Advisors LLC now owns 74,459 shares of the company’s stock valued at $1,392,000 after purchasing an additional 1,397 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCT traded up $0.04 during midday trading on Friday, hitting $18.91. 706,268 shares of the company’s stock traded hands, compared to its average volume of 817,104. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.14 and a twelve month high of $18.97. The firm’s fifty day moving average price is $18.86 and its two-hundred day moving average price is $18.84.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be given a $0.0674 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Monday, February 23rd.

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.