Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Short Interest Down 96.6% in November

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 21,500 shares, a drop of 96.6% from the October 31st total of 627,400 shares. Based on an average trading volume of 857,200 shares, the days-to-cover ratio is presently 0.0 days.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

NASDAQ:BSCO traded up $0.01 during mid-day trading on Thursday, hitting $21.11. 1,717,312 shares of the stock traded hands, compared to its average volume of 849,609. The business’s 50-day moving average price is $21.13 and its 200 day moving average price is $21.10. Invesco BulletShares 2024 Corporate Bond ETF has a 12-month low of $20.78 and a 12-month high of $21.18.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were given a $0.0859 dividend. The ex-dividend date was Monday, November 18th. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous dividend of $0.04.

Hedge Funds Weigh In On Invesco BulletShares 2024 Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC boosted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 123.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 227,303 shares of the company’s stock valued at $4,796,000 after acquiring an additional 125,587 shares during the last quarter. Sculati Wealth Management LLC raised its stake in Invesco BulletShares 2024 Corporate Bond ETF by 1.5% in the third quarter. Sculati Wealth Management LLC now owns 55,305 shares of the company’s stock valued at $1,160,000 after purchasing an additional 807 shares in the last quarter. MML Investors Services LLC lifted its position in Invesco BulletShares 2024 Corporate Bond ETF by 14.8% during the third quarter. MML Investors Services LLC now owns 578,291 shares of the company’s stock valued at $12,214,000 after purchasing an additional 74,516 shares during the last quarter. EP Wealth Advisors LLC lifted its position in Invesco BulletShares 2024 Corporate Bond ETF by 371.8% during the third quarter. EP Wealth Advisors LLC now owns 174,763 shares of the company’s stock valued at $3,691,000 after purchasing an additional 137,718 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in Invesco BulletShares 2024 Corporate Bond ETF by 1.9% during the third quarter. Jane Street Group LLC now owns 393,257 shares of the company’s stock worth $8,306,000 after purchasing an additional 7,326 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.