Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Declines By 20.7%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCSGet Free Report) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 458,438 shares, a decrease of 20.7% from the February 12th total of 578,346 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 722,685 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 722,685 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCS opened at $20.44 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $20.07 and a 52 week high of $20.69. The stock’s fifty day moving average is $20.59 and its 200 day moving average is $20.59.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.0726 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. CX Institutional bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter valued at approximately $26,000. Fifth Third Bancorp bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth $31,000. AlphaCore Capital LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $33,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $45,000. Finally, Optimum Investment Advisors increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 24.1% in the 3rd quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock valued at $74,000 after purchasing an additional 700 shares during the last quarter.

About Invesco BulletShares 2028 Corporate Bond ETF

(Get Free Report)

The Invesco BulletShares 2028 Corporate Bond ETF (BSCS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment-grade bonds with effective maturities in 2028. BSCS was launched on Aug 9, 2018 and is managed by Invesco.

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