Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Grows By 79.2%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 271,600 shares, a growth of 79.2% from the June 30th total of 151,600 shares. Based on an average daily volume of 299,400 shares, the short-interest ratio is currently 0.9 days.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.3 %

Shares of BSCT traded up $0.06 during trading hours on Friday, reaching $18.36. 287,268 shares of the stock traded hands, compared to its average volume of 301,821. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $17.18 and a 52-week high of $18.58. The company’s 50-day moving average price is $18.23 and its two-hundred day moving average price is $18.22.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 26th. Stockholders of record on Monday, July 22nd were issued a $0.074 dividend. The ex-dividend date was Monday, July 22nd. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.89 dividend on an annualized basis and a dividend yield of 4.84%.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Institutional investors have recently modified their holdings of the stock. Hills Bank & Trust Co bought a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the second quarter valued at approximately $6,954,000. Independence Bank of Kentucky increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 54.8% in the 2nd quarter. Independence Bank of Kentucky now owns 48,442 shares of the company’s stock valued at $880,000 after acquiring an additional 17,154 shares during the period. Atlantic Union Bankshares Corp raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 18.4% in the second quarter. Atlantic Union Bankshares Corp now owns 707,476 shares of the company’s stock worth $12,847,000 after purchasing an additional 109,990 shares in the last quarter. Secure Asset Management LLC raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.3% during the 2nd quarter. Secure Asset Management LLC now owns 122,769 shares of the company’s stock worth $2,229,000 after acquiring an additional 3,956 shares in the last quarter. Finally, &PARTNERS acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the second quarter worth $462,000.

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.