Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Up 109.4% in October

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 538,100 shares, a growth of 109.4% from the October 15th total of 257,000 shares. Based on an average daily trading volume, of 453,500 shares, the days-to-cover ratio is currently 1.2 days.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.1 %

Shares of BSCS traded up $0.02 during trading hours on Thursday, hitting $20.23. The stock had a trading volume of 157,509 shares, compared to its average volume of 434,096. The company’s fifty day moving average is $20.44 and its two-hundred day moving average is $20.22. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $19.53 and a 52 week high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a dividend of $0.076 per share. The ex-dividend date of this dividend was Monday, October 21st. This represents a $0.91 dividend on an annualized basis and a yield of 4.51%. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSCS. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth about $26,000. Eagle Bay Advisors LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 1st quarter worth about $30,000. Unique Wealth Strategies LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter worth about $35,000. Prospera Private Wealth LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth about $38,000. Finally, OLD Second National Bank of Aurora bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth about $50,000.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

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.