Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Increases By 64.3%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 375,500 shares, an increase of 64.3% from the December 15th total of 228,500 shares. Based on an average daily volume of 646,900 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the company. Raymond James & Associates grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 71.1% during the third quarter. Raymond James & Associates now owns 2,550,819 shares of the company’s stock valued at $47,981,000 after purchasing an additional 1,059,729 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 37.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 2,162,775 shares of the company’s stock valued at $40,682,000 after acquiring an additional 591,205 shares during the last quarter. Avior Wealth Management LLC raised its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 20.4% in the third quarter. Avior Wealth Management LLC now owns 1,969,430 shares of the company’s stock valued at $37,045,000 after purchasing an additional 333,314 shares during the period. Envestnet Asset Management Inc. lifted its position in Invesco BulletShares 2029 Corporate Bond ETF by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,422,955 shares of the company’s stock worth $25,841,000 after acquiring an additional 64,450 shares during the last quarter. Finally, Brookstone Capital Management acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter worth about $24,644,000.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

NASDAQ:BSCT traded up $0.11 during midday trading on Wednesday, hitting $18.31. 1,263,747 shares of the stock were exchanged, compared to its average volume of 861,583. The business has a 50-day moving average price of $18.40 and a two-hundred day moving average price of $18.52. Invesco BulletShares 2029 Corporate Bond ETF has a one year low of $17.84 and a one year high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.0707 dividend. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, December 23rd.

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.