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

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 230,363 shares, a decline of 24.9% from the November 30th total of 306,815 shares. Based on an average daily volume of 543,687 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 543,687 shares, the days-to-cover ratio is currently 0.4 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2029 Corporate Bond ETF stock opened at $18.86 on Tuesday. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.14 and a 52-week high of $18.97. The company’s 50 day moving average price is $18.83 and its 200-day moving average price is $18.79.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.0701 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. Angeles Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth about $39,000. CX Institutional bought a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at approximately $45,000. BankPlus Trust Department purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth approximately $48,000. IFP Advisors Inc grew its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 175.7% in the 2nd quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock worth $48,000 after buying an additional 1,625 shares during the last quarter. Finally, OLD Second National Bank of Aurora purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at approximately $50,000.

About Invesco BulletShares 2029 Corporate Bond ETF

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.