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

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

Invesco BulletShares 2027 Corporate Bond ETF Stock Up 0.1%

Shares of Invesco BulletShares 2027 Corporate Bond ETF stock opened at $19.56 on Friday. The stock has a fifty day moving average price of $19.61 and a 200-day moving average price of $19.63. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $19.53 and a 1 year high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a $0.0697 dividend. 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. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0694.

Institutional Trading of Invesco BulletShares 2027 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Nottingham Advisors Inc. bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the first quarter valued at approximately $736,000. Concurrent Investment Advisors LLC grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 249.5% during the second quarter. Concurrent Investment Advisors LLC now owns 40,367 shares of the company’s stock valued at $792,000 after buying an additional 28,818 shares during the last quarter. Livet Wealth LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter worth $3,090,000. Vaughan David Investments LLC IL lifted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 7.2% during the 4th quarter. Vaughan David Investments LLC IL now owns 470,122 shares of the company’s stock valued at $9,280,000 after acquiring an additional 31,749 shares during the period. Finally, Fusion Family Wealth LLC bought a new position in Invesco BulletShares 2027 Corporate Bond ETF during the first quarter valued at approximately $848,000.

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.