Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Grows By 64.3%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 375,500 shares, an increase of 64.3% from the December 15th total of 228,500 shares. Based on an average daily volume of 646,900 shares, the short-interest ratio is presently 0.6 days.

Invesco BulletShares 2029 Corporate Bond ETF Trading Down 0.1 %

NASDAQ BSCT traded down $0.02 on Friday, reaching $18.34. 187,351 shares of the company’s stock traded hands, compared to its average volume of 832,890. The stock has a 50 day moving average price of $18.40 and a 200-day moving average price of $18.52. Invesco BulletShares 2029 Corporate Bond ETF has a fifty-two week low of $17.84 and a fifty-two week high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.0707 dividend. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Brookstone Capital Management acquired a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter worth approximately $24,644,000. Raymond James & Associates boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 71.1% during the third quarter. Raymond James & Associates now owns 2,550,819 shares of the company’s stock worth $47,981,000 after buying an additional 1,059,729 shares in the last quarter. Aptus Capital Advisors LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 37.6% during the third quarter. Aptus Capital Advisors LLC now owns 2,162,775 shares of the company’s stock valued at $40,682,000 after buying an additional 591,205 shares during the period. Capital Investment Counsel LLC increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 189.8% in the third quarter. Capital Investment Counsel LLC now owns 686,832 shares of the company’s stock valued at $12,919,000 after buying an additional 449,824 shares in the last quarter. Finally, Hills Bank & Trust Co raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 116.3% in the third quarter. Hills Bank & Trust Co now owns 828,201 shares of the company’s stock worth $15,578,000 after acquiring an additional 445,291 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.