Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Sees Significant Increase in Short Interest

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 367,400 shares, a growth of 74.3% from the November 30th total of 210,800 shares. Based on an average daily volume of 460,300 shares, the short-interest ratio is presently 0.8 days.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.2 %

NASDAQ BSCU traded down $0.03 during trading on Friday, hitting $16.33. The stock had a trading volume of 3,376,431 shares, compared to its average volume of 347,237. Invesco BulletShares 2030 Corporate Bond ETF has a one year low of $15.89 and a one year high of $17.13. The stock has a 50 day simple moving average of $16.51 and a 200 day simple moving average of $16.62.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.0637 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new stake in shares of Invesco BulletShares 2030 Corporate Bond ETF during the third quarter worth $37,000. Sanctuary Advisors LLC lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 97.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 117,331 shares of the company’s stock valued at $1,925,000 after buying an additional 58,054 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 2,499.8% in the 3rd quarter. Hobbs Group Advisors LLC now owns 33,641 shares of the company’s stock valued at $570,000 after buying an additional 32,347 shares during the period. MML Investors Services LLC grew its stake in Invesco BulletShares 2030 Corporate Bond ETF by 60.8% in the 3rd quarter. MML Investors Services LLC now owns 256,933 shares of the company’s stock worth $4,355,000 after acquiring an additional 97,173 shares in the last quarter. Finally, Stifel Financial Corp increased its position in shares of Invesco BulletShares 2030 Corporate Bond ETF by 7.3% during the third quarter. Stifel Financial Corp now owns 119,479 shares of the company’s stock worth $2,025,000 after acquiring an additional 8,166 shares during the period.

About Invesco BulletShares 2030 Corporate Bond ETF

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.