Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Update

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 200,500 shares, a drop of 45.4% from the December 31st total of 367,400 shares. Based on an average trading volume of 577,900 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSCU. Wingate Wealth Advisors Inc. purchased a new stake in Invesco BulletShares 2030 Corporate Bond ETF in the 4th quarter valued at about $85,000. Sensible Money LLC raised its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 3.6% during the fourth quarter. Sensible Money LLC now owns 18,776 shares of the company’s stock valued at $307,000 after acquiring an additional 659 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 41.8% in the fourth quarter. Stephens Inc. AR now owns 151,772 shares of the company’s stock valued at $2,485,000 after purchasing an additional 44,750 shares during the period. Strategic Financial Concepts LLC grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 2,579.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 781,161 shares of the company’s stock worth $12,788,000 after purchasing an additional 752,002 shares in the last quarter. Finally, YANKCOM Partnership purchased a new position in Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth $136,000.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

Invesco BulletShares 2030 Corporate Bond ETF stock traded down $0.02 during mid-day trading on Wednesday, hitting $16.41. The company’s stock had a trading volume of 130,853 shares, compared to its average volume of 676,570. The company has a 50 day moving average of $16.43 and a 200-day moving average of $16.61. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $15.89 and a one year high of $17.13.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were issued a $0.0601 dividend. The ex-dividend date was Tuesday, January 21st.

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.