Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Declines By 55.4%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 91,315 shares, a drop of 55.4% from the July 15th total of 204,884 shares. Based on an average daily trading volume, of 581,285 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter valued at approximately $364,000. Jane Street Group LLC raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 285.8% in the 1st quarter. Jane Street Group LLC now owns 343,330 shares of the company’s stock valued at $6,726,000 after acquiring an additional 254,332 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 5.1% in the 2nd quarter. Diversify Advisory Services LLC now owns 51,200 shares of the company’s stock valued at $1,009,000 after acquiring an additional 2,477 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 2nd quarter valued at $5,552,000. Finally, Bank of America Corp DE lifted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 4,815,374 shares of the company’s stock valued at $94,622,000 after acquiring an additional 58,937 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR stock remained flat at $19.65 on Friday. 513,555 shares of the company traded hands, compared to its average volume of 763,145. The business has a fifty day simple moving average of $19.63 and a 200 day simple moving average of $19.66. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.57 and a fifty-two week high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a $0.0693 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

About Invesco BulletShares 2027 Corporate Bond ETF

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.