Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Stock Short Interest Jumps 62.2%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 232,509 shares, an increase of 62.2% from the August 31st total of 143,322 shares. Based on an average daily volume of 644,250 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Invesco BulletShares 2027 Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ BSCR traded up $0.01 during mid-day trading on Wednesday, reaching $19.55. 3,092,200 shares of the company’s stock traded hands, compared to its average volume of 755,212. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $19.53 and a 1-year high of $19.80. The business has a 50-day simple moving average of $19.61 and a 200 day simple moving average of $19.63.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.0697 dividend. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0694. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, September 21st.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lido Advisors LLC boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the 1st quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock worth $1,400,120,000 after acquiring an additional 3,854,896 shares during the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF during the first quarter worth about $16,595,000. Bank of America Corp DE grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 11.4% in the 1st quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock worth $109,674,000 after purchasing an additional 571,979 shares in the last quarter. Royal Bank of Canada increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 30.2% in the 1st quarter. Royal Bank of Canada now owns 2,390,339 shares of the company’s stock valued at $46,909,000 after buying an additional 554,441 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 8.6% during the 4th quarter. LPL Financial LLC now owns 6,738,930 shares of the company’s stock worth $133,026,000 after buying an additional 532,067 shares in the last quarter.

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.