Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Down 75.3% in December

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 105,800 shares, a decrease of 75.3% from the December 15th total of 427,800 shares. Based on an average daily volume of 590,200 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

BSCS stock remained flat at $20.05 during mid-day trading on Tuesday. The company’s stock had a trading volume of 250,732 shares, compared to its average volume of 821,080. The company has a 50-day moving average price of $20.20 and a two-hundred day moving average price of $20.30. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $19.65 and a 1-year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.0783 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. LPL Financial LLC grew its stake in Invesco BulletShares 2028 Corporate Bond ETF by 55.7% in the 3rd quarter. LPL Financial LLC now owns 4,595,249 shares of the company’s stock worth $94,478,000 after buying an additional 1,643,265 shares in the last quarter. TruWealth Advisors LLC grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.2% in the third quarter. TruWealth Advisors LLC now owns 2,746,958 shares of the company’s stock worth $56,478,000 after acquiring an additional 32,976 shares in the last quarter. Hills Bank & Trust Co raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 2.8% during the third quarter. Hills Bank & Trust Co now owns 2,223,070 shares of the company’s stock valued at $45,706,000 after purchasing an additional 61,025 shares in the last quarter. Raymond James & Associates lifted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 16.7% during the third quarter. Raymond James & Associates now owns 2,022,594 shares of the company’s stock worth $41,585,000 after purchasing an additional 290,123 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 43.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,326,492 shares of the company’s stock worth $27,273,000 after purchasing an additional 400,786 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.