Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Large Decrease in Short Interest

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 42,810 shares, a decrease of 53.1% from the July 30th total of 91,315 shares. Based on an average trading volume of 665,269 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in BSCR. Rossby Financial LCC acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth approximately $28,000. Birchbrook Inc. acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter worth approximately $30,000. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $33,000. International Assets Investment Management LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $48,000. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $52,000.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Invesco BulletShares 2027 Corporate Bond ETF stock remained flat at $19.61 during mid-day trading on Monday. The company’s stock had a trading volume of 654,983 shares, compared to its average volume of 747,395. The business has a fifty day moving average of $19.62 and a two-hundred day moving average of $19.65. 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 announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.0694 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 24th. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.