Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Sees Significant Growth in Short Interest

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a large growth in short interest in July. As of July 15th, there was short interest totalling 248,600 shares, a growth of 91.4% from the June 30th total of 129,900 shares. Based on an average daily trading volume, of 706,800 shares, the short-interest ratio is presently 0.4 days.

Invesco BulletShares 2024 Corporate Bond ETF Trading Up 0.1 %

NASDAQ:BSCO traded up $0.02 during mid-day trading on Friday, hitting $21.08. 701,196 shares of the company’s stock traded hands, compared to its average volume of 878,087. The company has a fifty day moving average of $21.06 and a 200 day moving average of $21.00. Invesco BulletShares 2024 Corporate Bond ETF has a twelve month low of $20.59 and a twelve month high of $21.14.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were paid a dividend of $0.076 per share. This represents a $0.91 annualized dividend and a yield of 4.33%. The ex-dividend date was Monday, July 22nd. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in BSCO. Raymond James & Associates grew its stake in Invesco BulletShares 2024 Corporate Bond ETF by 1.7% during the 4th quarter. Raymond James & Associates now owns 1,646,362 shares of the company’s stock valued at $34,384,000 after purchasing an additional 27,904 shares during the last quarter. IFG Advisory LLC boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 49.1% in the fourth quarter. IFG Advisory LLC now owns 18,078 shares of the company’s stock worth $378,000 after buying an additional 5,956 shares during the last quarter. Ballew Advisors Inc boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 17.7% in the fourth quarter. Ballew Advisors Inc now owns 91,473 shares of the company’s stock worth $1,915,000 after buying an additional 13,730 shares during the last quarter. Global Retirement Partners LLC boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 4.5% in the fourth quarter. Global Retirement Partners LLC now owns 54,375 shares of the company’s stock worth $1,138,000 after buying an additional 2,364 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 3.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 33,688 shares of the company’s stock worth $704,000 after buying an additional 1,082 shares during the last quarter.

About Invesco BulletShares 2024 Corporate Bond ETF

The Invesco BulletShares 2024 Corporate Bond ETF (BSCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.