Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Sees Large Decline in Short Interest

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 21,500 shares, a decrease of 96.6% from the October 31st total of 627,400 shares. Based on an average daily volume of 857,200 shares, the short-interest ratio is currently 0.0 days.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of BSCO traded up $0.01 during mid-day trading on Thursday, hitting $21.11. 1,717,312 shares of the company’s stock traded hands, compared to its average volume of 849,609. The business’s 50-day moving average price is $21.13 and its 200-day moving average price is $21.10. Invesco BulletShares 2024 Corporate Bond ETF has a 1 year low of $20.78 and a 1 year high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.0859 per share. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous dividend of $0.04. The ex-dividend date was Monday, November 18th.

Institutional Investors Weigh In On Invesco BulletShares 2024 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCO. TruWealth Advisors LLC raised its stake in Invesco BulletShares 2024 Corporate Bond ETF by 3.2% in the third quarter. TruWealth Advisors LLC now owns 4,046,441 shares of the company’s stock worth $85,461,000 after buying an additional 125,888 shares in the last quarter. Asset Dedication LLC lifted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 0.4% in the 2nd quarter. Asset Dedication LLC now owns 1,788,919 shares of the company’s stock valued at $37,675,000 after purchasing an additional 6,754 shares during the period. Fusion Family Wealth LLC lifted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 0.5% in the 3rd quarter. Fusion Family Wealth LLC now owns 1,499,515 shares of the company’s stock valued at $31,670,000 after purchasing an additional 7,423 shares during the period. Eastern Bank boosted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 0.9% during the second quarter. Eastern Bank now owns 1,365,084 shares of the company’s stock valued at $28,749,000 after purchasing an additional 11,573 shares in the last quarter. Finally, Campbell Wealth Management grew its stake in Invesco BulletShares 2024 Corporate Bond ETF by 2.9% in the third quarter. Campbell Wealth Management now owns 1,247,335 shares of the company’s stock worth $26,344,000 after purchasing an additional 35,710 shares during the period.

Invesco BulletShares 2024 Corporate Bond ETF Company Profile

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.