Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Increases By 523.2%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,854,376 shares, a growth of 523.2% from the December 15th total of 297,555 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average trading volume of 1,122,080 shares, the days-to-cover ratio is presently 1.7 days. Based on an average trading volume of 1,122,080 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.8% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSCR. Lido Advisors LLC boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 30.4% in the third quarter. Lido Advisors LLC now owns 64,627,104 shares of the company’s stock worth $1,273,800,000 after purchasing an additional 15,069,309 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 1,914.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 5,142,382 shares of the company’s stock worth $101,048,000 after buying an additional 4,887,079 shares during the period. Bank of America Corp DE increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 4,885,362 shares of the company’s stock worth $96,290,000 after buying an additional 69,988 shares in the last quarter. UBS Group AG raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the third quarter. UBS Group AG now owns 4,233,655 shares of the company’s stock valued at $83,445,000 after acquiring an additional 232,664 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 6.8% during the third quarter. Raymond James Financial Inc. now owns 3,897,859 shares of the company’s stock valued at $76,827,000 after acquiring an additional 246,971 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCR remained flat at $19.74 during midday trading on Monday. The stock had a trading volume of 927,261 shares, compared to its average volume of 1,275,380. Invesco BulletShares 2027 Corporate Bond ETF has a 52-week low of $19.41 and a 52-week high of $19.80. The business has a 50-day simple moving average of $19.73 and a two-hundred day simple moving average of $19.71.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.0721 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, December 22nd.

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.