Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Down 69.3% in March

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 144,500 shares, a decrease of 69.3% from the March 15th total of 471,200 shares. Based on an average trading volume of 617,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.1 %

BSCS stock traded up $0.03 during trading on Thursday, hitting $20.35. The company had a trading volume of 43,266 shares, compared to its average volume of 484,372. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $19.65 and a 52-week high of $20.70. The company has a 50 day simple moving average of $20.30 and a 200-day simple moving average of $20.26.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.0752 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds have recently made changes to their positions in the company. Members Wealth LLC grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 2.5% during the 1st quarter. Members Wealth LLC now owns 20,506 shares of the company’s stock worth $417,000 after acquiring an additional 506 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.1% in the 4th quarter. IFP Advisors Inc now owns 55,791 shares of the company’s stock worth $1,123,000 after purchasing an additional 624 shares during the period. Apella Capital LLC boosted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.7% during the fourth quarter. Apella Capital LLC now owns 42,485 shares of the company’s stock valued at $855,000 after purchasing an additional 702 shares in the last quarter. Sensible Money LLC increased its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 2.8% during the fourth quarter. Sensible Money LLC now owns 25,789 shares of the company’s stock valued at $519,000 after buying an additional 712 shares during the period. Finally, Sax Wealth Advisors LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 3.4% in the fourth quarter. Sax Wealth Advisors LLC now owns 22,366 shares of the company’s stock worth $450,000 after buying an additional 735 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.