Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Sees Significant Increase in Short Interest

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 70,800 shares, a growth of 100.0% from the May 31st total of 35,400 shares. Based on an average daily trading volume, of 719,900 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

NASDAQ BSCO traded up $0.02 during trading on Friday, hitting $21.06. The company’s stock had a trading volume of 685,001 shares, compared to its average volume of 898,498. Invesco BulletShares 2024 Corporate Bond ETF has a fifty-two week low of $20.55 and a fifty-two week high of $21.11. The business’s 50 day simple moving average is $21.04 and its 200-day simple moving average is $20.97.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.0699 dividend. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.84 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

Several large investors have recently bought and sold shares of BSCO. Envestnet Asset Management Inc. grew its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 29.2% during the third quarter. Envestnet Asset Management Inc. now owns 550,773 shares of the company’s stock valued at $11,384,000 after buying an additional 124,455 shares during the last quarter. Invesco Ltd. grew its stake in Invesco BulletShares 2024 Corporate Bond ETF by 32.2% during the 3rd quarter. Invesco Ltd. now owns 1,115,721 shares of the company’s stock valued at $23,062,000 after purchasing an additional 271,570 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 27.2% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 4,589 shares of the company’s stock valued at $95,000 after purchasing an additional 982 shares during the period. Orion Capital Management LLC acquired a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF in the third quarter valued at about $86,000. Finally, Financial Advisory Group raised its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 0.9% in the third quarter. Financial Advisory Group now owns 108,822 shares of the company’s stock worth $2,249,000 after purchasing an additional 945 shares during the last quarter.

About Invesco BulletShares 2024 Corporate Bond ETF

The Invesco BulletShares 2024 Corporate Bond ETF (BSCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.