Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Shares Shorted: Short Interest Up 168.4% in October

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 90,898 shares, an increase of 168.4% from the October 15th total of 33,869 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 860,378 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Large investors have recently bought and sold shares of the company. Advisortrust Partners LLC bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the first quarter worth $74,000. Marquette Asset Management LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter valued at $80,000. Eastern Bank bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter valued at $119,000. Global Retirement Partners LLC raised its stake in Invesco BulletShares 2027 Corporate Bond ETF by 15.9% during the 3rd quarter. Global Retirement Partners LLC now owns 6,572 shares of the company’s stock worth $128,000 after buying an additional 900 shares during the period. Finally, IFP Advisors Inc raised its stake in Invesco BulletShares 2027 Corporate Bond ETF by 11.7% during the 3rd quarter. IFP Advisors Inc now owns 8,819 shares of the company’s stock worth $172,000 after buying an additional 925 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCR opened at $19.58 on Friday. The firm’s 50 day simple moving average is $19.58 and its 200 day simple moving average is $19.64. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.52 and a fifty-two week high of $19.79.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were paid a $0.0690 dividend. The ex-dividend date of this dividend was Monday, October 19th. This is a drop from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697. This represents a $0.83 annualized dividend and a yield of 4.2%.

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.