Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Short Interest Up 83.9% in June

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 463,556 shares, a growth of 83.9% from the June 15th total of 252,109 shares. Based on an average trading volume of 547,559 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2030 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Brookstone Capital Management purchased a new position in shares of Invesco BulletShares 2030 Corporate Bond ETF during the 4th quarter worth approximately $31,634,000. Morgan Stanley lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 24.1% in the 4th quarter. Morgan Stanley now owns 9,598,976 shares of the company’s stock valued at $162,415,000 after buying an additional 1,863,230 shares during the period. LPL Financial LLC lifted its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 49.3% in the 4th quarter. LPL Financial LLC now owns 5,068,013 shares of the company’s stock valued at $85,751,000 after buying an additional 1,673,174 shares during the period. Royal Bank of Canada boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 81.3% in the fourth quarter. Royal Bank of Canada now owns 2,502,624 shares of the company’s stock valued at $42,345,000 after buying an additional 1,121,904 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Invesco BulletShares 2030 Corporate Bond ETF by 35.4% in the fourth quarter. Invesco Ltd. now owns 4,233,963 shares of the company’s stock valued at $71,639,000 after buying an additional 1,106,773 shares in the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Down 0.1%

Shares of NASDAQ:BSCU opened at $16.63 on Friday. Invesco BulletShares 2030 Corporate Bond ETF has a fifty-two week low of $16.51 and a fifty-two week high of $17.06. The firm’s 50-day simple moving average is $16.64 and its 200-day simple moving average is $16.78.

Invesco BulletShares 2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0642 dividend. The ex-dividend date was Monday, June 22nd. This is an increase from Invesco BulletShares 2030 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.