Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Stock Short Interest Report for September

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 196,698 shares, a growth of 76.4% from the September 15th total of 111,529 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 781,122 shares, the short-interest ratio is currently 0.3 days.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ:BSCS remained flat at $20.22 during mid-day trading on Friday. 1,037,758 shares of the company were exchanged, compared to its average volume of 701,276. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.09 and a 1 year high of $20.67. The firm’s fifty day moving average price is $20.26 and its 200 day moving average price is $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.0744 per share. This represents a $0.89 annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.0765.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of large investors have recently modified their holdings of BSCS. Waverly Advisors LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 16,298.3% in the second quarter. Waverly Advisors LLC now owns 4,637,273 shares of the company’s stock valued at $94,438,000 after buying an additional 4,608,994 shares in the last quarter. Bank of America Corp DE raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 20.2% in the first quarter. Bank of America Corp DE now owns 4,466,656 shares of the company’s stock worth $91,223,000 after acquiring an additional 752,039 shares in the last quarter. Fusion Family Wealth LLC raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 7.5% in the first quarter. Fusion Family Wealth LLC now owns 2,247,101 shares of the company’s stock worth $45,893,000 after acquiring an additional 155,846 shares in the last quarter. Royal Bank of Canada raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 24.2% in the first quarter. Royal Bank of Canada now owns 2,117,083 shares of the company’s stock worth $43,237,000 after acquiring an additional 412,779 shares in the last quarter. Finally, Tlwm raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.9% in the second quarter. Tlwm now owns 1,647,457 shares of the company’s stock worth $33,550,000 after acquiring an additional 30,106 shares in the last quarter.

About Invesco BulletShares 2028 Corporate Bond ETF

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.