Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Large Drop in Short Interest

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 33,869 shares, a decrease of 80.7% from the September 30th total of 175,753 shares. Based on an average daily trading volume, of 775,290 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR remained flat at $19.56 during midday trading on Wednesday. 749,381 shares of the stock traded hands, compared to its average volume of 762,598. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $19.52 and a 1-year high of $19.79. The company’s 50-day moving average is $19.59 and its 200 day moving average is $19.64.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a dividend of $0.0690 per share. This represents a $0.83 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, October 19th. This is a decrease from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the business. Advisortrust Partners LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the first quarter worth $74,000. Marquette Asset Management LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at about $80,000. Eastern Bank bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter valued at about $119,000. IFP Advisors Inc boosted its position in Invesco BulletShares 2027 Corporate Bond ETF by 11.7% in the 3rd quarter. IFP Advisors Inc now owns 8,819 shares of the company’s stock valued at $172,000 after buying an additional 925 shares during the period. Finally, Leo Wealth LLC bought a new position in Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter worth about $198,000.

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.