Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 41.5% in February

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 591,200 shares, an increase of 41.5% from the February 13th total of 417,800 shares. Based on an average trading volume of 745,300 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSCU. Aptus Capital Advisors LLC increased its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 97.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 6,625,611 shares of the company’s stock worth $108,461,000 after purchasing an additional 3,274,683 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Invesco BulletShares 2030 Corporate Bond ETF during the fourth quarter valued at about $62,324,000. TruWealth Advisors LLC increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 380.8% in the fourth quarter. TruWealth Advisors LLC now owns 3,278,163 shares of the company’s stock worth $53,664,000 after buying an additional 2,596,320 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 11.5% in the fourth quarter. Wells Fargo & Company MN now owns 2,671,609 shares of the company’s stock worth $43,734,000 after buying an additional 275,281 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 9.3% during the 4th quarter. Invesco Ltd. now owns 2,669,578 shares of the company’s stock valued at $43,701,000 after buying an additional 226,786 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCU opened at $16.52 on Tuesday. The stock’s 50-day simple moving average is $16.44 and its two-hundred day simple moving average is $16.58. Invesco BulletShares 2030 Corporate Bond ETF has a 52-week low of $15.89 and a 52-week high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were given a dividend of $0.0615 per share. This is a positive change from Invesco BulletShares 2030 Corporate Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, February 24th.

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.