Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Large Decline in Short Interest

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 228,500 shares, a decrease of 35.3% from the November 30th total of 353,100 shares. Based on an average daily trading volume, of 595,700 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter valued at $26,000. FMR LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF during the third quarter valued at approximately $38,000. Strategic Financial Concepts LLC increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 1,247.6% during the 2nd quarter. Strategic Financial Concepts LLC now owns 347,760 shares of the company’s stock worth $63,000 after acquiring an additional 321,955 shares during the period. Larson Financial Group LLC purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth approximately $134,000. Finally, Everpar Advisors LLC purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at $194,000.

Invesco BulletShares 2029 Corporate Bond ETF Trading Down 0.2 %

BSCT traded down $0.03 during trading hours on Friday, hitting $18.29. The stock had a trading volume of 808,578 shares, compared to its average volume of 397,876. Invesco BulletShares 2029 Corporate Bond ETF has a 1 year low of $17.84 and a 1 year high of $18.96. The company’s fifty day simple moving average is $18.44 and its 200 day simple moving average is $18.52.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

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

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.