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

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 536,362 shares, an increase of 209.9% from the June 30th total of 173,068 shares. Based on an average daily trading volume, of 572,378 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the company’s shares are short sold.

Invesco BulletShares 2029 Corporate Bond ETF Trading Up 0.2%

NASDAQ:BSCT traded up $0.03 during midday trading on Tuesday, reaching $18.48. 92,478 shares of the stock traded hands, compared to its average volume of 690,900. The company has a fifty day moving average of $18.56 and a 200 day moving average of $18.69. Invesco BulletShares 2029 Corporate Bond ETF has a 12 month low of $18.42 and a 12 month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a dividend of $0.0701 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, July 20th.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 1st quarter valued at $8,555,000. JPMorgan Chase & Co. raised its stake in Invesco BulletShares 2029 Corporate Bond ETF by 200.4% in the second quarter. JPMorgan Chase & Co. now owns 268,490 shares of the company’s stock worth $5,021,000 after buying an additional 179,107 shares in the last quarter. Invesco Ltd. lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 18.5% in the second quarter. Invesco Ltd. now owns 2,536,166 shares of the company’s stock worth $47,426,000 after buying an additional 395,428 shares during the period. Brown Advisory Inc. bought a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter valued at approximately $303,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 9.2% during the 2nd quarter. Raymond James Financial Inc. now owns 4,403,485 shares of the company’s stock worth $82,345,000 after acquiring an additional 371,271 shares during the period.

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.