Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Short Interest Up 1,411.6% in October

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 220,700 shares, a growth of 1,411.6% from the September 30th total of 14,600 shares. Based on an average daily volume of 702,100 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of BSCO opened at $21.11 on Friday. The business’s 50 day moving average is $21.12 and its 200 day moving average is $21.08. Invesco BulletShares 2024 Corporate Bond ETF has a 12-month low of $20.71 and a 12-month high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were paid a dividend of $0.082 per share. This represents a $0.98 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend was Monday, October 21st. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCO. Wealth Enhancement Advisory Services LLC raised its stake in Invesco BulletShares 2024 Corporate Bond ETF by 4.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 63,728 shares of the company’s stock valued at $1,336,000 after purchasing an additional 2,711 shares during the period. Claro Advisors LLC increased its stake in Invesco BulletShares 2024 Corporate Bond ETF by 2.0% in the 1st quarter. Claro Advisors LLC now owns 45,202 shares of the company’s stock worth $948,000 after acquiring an additional 887 shares during the last quarter. Silverlake Wealth Management LLC increased its stake in Invesco BulletShares 2024 Corporate Bond ETF by 12.8% in the 1st quarter. Silverlake Wealth Management LLC now owns 94,533 shares of the company’s stock worth $1,982,000 after acquiring an additional 10,696 shares during the last quarter. Hudson Capital Management LLC increased its stake in Invesco BulletShares 2024 Corporate Bond ETF by 36.5% in the 1st quarter. Hudson Capital Management LLC now owns 534,726 shares of the company’s stock worth $11,213,000 after acquiring an additional 143,107 shares during the last quarter. Finally, McCarthy & Cox bought a new stake in Invesco BulletShares 2024 Corporate Bond ETF in the 1st quarter worth approximately $13,445,000.

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.