Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Up 215.6% in March

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 1,290,650 shares, an increase of 215.6% from the February 26th total of 408,992 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 1,088,394 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of BSCR. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the third quarter valued at approximately $27,000. Rossby Financial LCC acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $28,000. Birchbrook Inc. purchased a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter valued at approximately $30,000. AlphaCore Capital LLC acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter valued at approximately $33,000. Finally, Caldwell Trust Co acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF in the second quarter valued at approximately $44,000.

Invesco BulletShares 2027 Corporate Bond ETF Trading Down 0.1%

BSCR opened at $19.58 on Friday. The firm has a fifty day moving average price of $19.71 and a 200 day moving average price of $19.73. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $19.41 and a 1 year high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be paid a $0.0675 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Monday, March 23rd.

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.