Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Update

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 143,322 shares, an increase of 234.8% from the August 15th total of 42,810 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 555,093 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR stock remained flat at $19.61 on Friday. 654,429 shares of the stock were exchanged, compared to its average volume of 744,262. The firm has a 50 day simple moving average of $19.62 and a 200-day simple moving average of $19.64. Invesco BulletShares 2027 Corporate Bond ETF has a 52-week low of $19.57 and a 52-week high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a $0.0694 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, August 24th. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Hedge funds have recently modified their holdings of the company. Rossby Financial LCC acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter valued at about $28,000. AlphaCore Capital LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $33,000. International Assets Investment Management LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $48,000. Cary Street Partners Investment Advisory LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $52,000. Finally, Advisortrust Partners LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 1st quarter worth approximately $74,000.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.