Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Decreases By 17.7%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 339,800 shares, a drop of 17.7% from the October 31st total of 412,700 shares. Based on an average trading volume of 482,300 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSCT. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter valued at about $26,000. FMR LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at about $38,000. Strategic Financial Concepts LLC raised its position in Invesco BulletShares 2029 Corporate Bond ETF by 1,247.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 347,760 shares of the company’s stock valued at $63,000 after purchasing an additional 321,955 shares during the last quarter. Alaska Wealth Advisors raised its position in Invesco BulletShares 2029 Corporate Bond ETF by 78.3% during the 2nd quarter. Alaska Wealth Advisors now owns 3,515 shares of the company’s stock valued at $64,000 after purchasing an additional 1,544 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 15.4% in the 2nd quarter. Westside Investment Management Inc. now owns 6,208 shares of the company’s stock worth $113,000 after buying an additional 828 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Invesco BulletShares 2029 Corporate Bond ETF stock traded up $0.06 during trading hours on Friday, reaching $18.53. The company had a trading volume of 215,085 shares, compared to its average volume of 360,271. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $17.84 and a 12-month high of $18.96. The company has a 50-day moving average price of $18.56 and a 200 day moving average price of $18.48.

Invesco BulletShares 2029 Corporate Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were paid a $0.0687 dividend. The ex-dividend date was Monday, November 18th.

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.