Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 74.3% in December

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 367,400 shares, a growth of 74.3% from the November 30th total of 210,800 shares. Based on an average daily volume of 460,300 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Ironwood Wealth Management LLC. boosted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 11.1% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 64,204 shares of the company’s stock worth $1,044,000 after purchasing an additional 6,417 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 20.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 313,220 shares of the company’s stock valued at $5,093,000 after acquiring an additional 53,359 shares in the last quarter. Key Financial Inc bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 2nd quarter valued at $73,000. Commonwealth Equity Services LLC lifted its stake in Invesco BulletShares 2030 Corporate Bond ETF by 19.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 82,247 shares of the company’s stock worth $1,337,000 after purchasing an additional 13,480 shares in the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 33.5% during the 2nd quarter. Aptus Capital Advisors LLC now owns 2,434,089 shares of the company’s stock valued at $39,578,000 after purchasing an additional 610,231 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Shares of BSCU traded down $0.03 during mid-day trading on Friday, reaching $16.33. The stock had a trading volume of 3,376,431 shares, compared to its average volume of 347,237. The business has a fifty day moving average of $16.51 and a 200 day moving average of $16.62. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $15.89 and a 12 month high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0637 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.