Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Update

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 143,322 shares, a growth of 234.8% from the August 15th total of 42,810 shares. Based on an average daily trading volume, of 555,093 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSCR. Lido Advisors LLC grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 5.8% during the 1st quarter. Lido Advisors LLC now owns 70,691,925 shares of the company’s stock valued at $1,400,120,000 after buying an additional 3,854,896 shares in the last quarter. Morgan Stanley raised its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 10.9% during the 4th quarter. Morgan Stanley now owns 10,382,016 shares of the company’s stock worth $204,941,000 after acquiring an additional 1,023,790 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 8.5% during the 4th quarter. Wells Fargo & Company MN now owns 7,164,097 shares of the company’s stock worth $141,419,000 after acquiring an additional 558,803 shares in the last quarter. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 8.6% during the 4th quarter. LPL Financial LLC now owns 6,738,930 shares of the company’s stock valued at $133,026,000 after acquiring an additional 532,067 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 11.4% in the first quarter. Bank of America Corp DE now owns 5,588,500 shares of the company’s stock worth $109,674,000 after purchasing an additional 571,979 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

BSCR traded up $0.01 during trading on Monday, hitting $19.61. 193,106 shares of the company traded hands, compared to its average volume of 741,006. The stock’s 50-day simple moving average is $19.62 and its two-hundred day simple moving average is $19.64. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $19.57 and a 1 year high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a dividend of $0.0694 per share. The ex-dividend date was Monday, August 24th. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

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.