Short Interest in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Drops By 54.1%

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO – Get Rating) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 71,900 shares, a drop of 54.1% from the April 30th total of 156,500 shares. Based on an average daily volume of 721,200 shares, the days-to-cover ratio is currently 0.1 days.

Invesco BulletShares 2024 Corporate Bond ETF Stock Down 0.0 %

Shares of Invesco BulletShares 2024 Corporate Bond ETF stock opened at $20.55 on Friday. The business has a fifty day simple moving average of $20.61 and a two-hundred day simple moving average of $20.55. Invesco BulletShares 2024 Corporate Bond ETF has a 1 year low of $20.26 and a 1 year high of $21.03.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 26th. Shareholders of record on Tuesday, May 23rd will be issued a dividend of $0.0519 per share. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Monday, May 22nd. This represents a $0.62 annualized dividend and a yield of 3.03%.

Institutional Investors Weigh In On Invesco BulletShares 2024 Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Brown Advisory Inc. lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 1.5% during the 1st quarter. Brown Advisory Inc. now owns 40,812 shares of the company’s stock valued at $840,000 after purchasing an additional 600 shares during the last quarter. Pacific Wealth Strategies Group Inc. increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 0.6% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 112,539 shares of the company’s stock worth $2,305,000 after buying an additional 644 shares during the period. Solitude Financial Services increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 0.8% during the 4th quarter. Solitude Financial Services now owns 84,697 shares of the company’s stock worth $1,735,000 after buying an additional 695 shares during the period. Optimum Investment Advisors increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 1.7% during the 1st quarter. Optimum Investment Advisors now owns 42,642 shares of the company’s stock worth $878,000 after buying an additional 700 shares during the period. Finally, S.C. Financial Services Inc. increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 7.4% during the 4th quarter. S.C. Financial Services Inc. now owns 10,604 shares of the company’s stock worth $217,000 after buying an additional 733 shares during the period.