Short Interest in Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) Declines By 6.9%

Invesco BulletShares 2030 Corporate Bond ETF (NASDAQ:BSCU) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 197,400 shares, a decline of 6.9% from the August 31st total of 212,100 shares. Based on an average trading volume of 340,900 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. increased its position in Invesco BulletShares 2030 Corporate Bond ETF by 8.3% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 9,207 shares of the company’s stock worth $151,000 after buying an additional 705 shares during the last quarter. Country Club Bank raised its stake in Invesco BulletShares 2030 Corporate Bond ETF by 0.4% in the 2nd quarter. Country Club Bank now owns 256,164 shares of the company’s stock valued at $4,173,000 after acquiring an additional 909 shares during the period. Sawgrass Asset Management LLC lifted its holdings in Invesco BulletShares 2030 Corporate Bond ETF by 1.1% during the 2nd quarter. Sawgrass Asset Management LLC now owns 85,984 shares of the company’s stock valued at $1,398,000 after purchasing an additional 960 shares during the last quarter. G2 Capital Management LLC OH boosted its position in Invesco BulletShares 2030 Corporate Bond ETF by 1.2% during the second quarter. G2 Capital Management LLC OH now owns 86,444 shares of the company’s stock worth $1,406,000 after purchasing an additional 1,061 shares during the period. Finally, Sigma Investment Counselors Inc. increased its holdings in shares of Invesco BulletShares 2030 Corporate Bond ETF by 5.1% in the first quarter. Sigma Investment Counselors Inc. now owns 22,061 shares of the company’s stock valued at $362,000 after purchasing an additional 1,080 shares during the last quarter.

Invesco BulletShares 2030 Corporate Bond ETF Stock Performance

BSCU traded up $0.04 on Tuesday, hitting $16.99. 110 shares of the company were exchanged, compared to its average volume of 283,988. Invesco BulletShares 2030 Corporate Bond ETF has a 12 month low of $15.19 and a 12 month high of $17.14. The stock’s fifty day moving average is $16.80 and its 200-day moving average is $16.45.

Invesco BulletShares 2030 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.061 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.73 dividend on an annualized basis and a yield of 4.31%.

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.