Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Down 24.9% in December

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 totaling 230,363 shares, a decrease of 24.9% from the November 30th total of 306,815 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 543,687 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 543,687 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are sold short.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

NASDAQ:BSCT opened at $18.86 on Tuesday. The business has a 50 day moving average of $18.83 and a 200 day moving average of $18.79. Invesco BulletShares 2029 Corporate Bond ETF has a 1-year low of $18.14 and a 1-year high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.0701 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07.

Hedge Funds Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSCT. Angeles Wealth Management LLC bought a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the second quarter worth $39,000. CX Institutional purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the third quarter worth about $45,000. BankPlus Trust Department bought a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter valued at about $48,000. IFP Advisors Inc boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 175.7% during the 2nd quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock valued at $48,000 after acquiring an additional 1,625 shares during the period. Finally, OLD Second National Bank of Aurora purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter valued at about $50,000.

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.