Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Large Drop in Short Interest

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 318,808 shares, a decrease of 51.3% from the December 31st total of 654,333 shares. Based on an average trading volume of 1,051,799 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,051,799 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. CX Institutional purchased a new position in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth approximately $26,000. Fifth Third Bancorp acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth $31,000. Angeles Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the second quarter valued at about $39,000. Optimum Investment Advisors purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the second quarter worth about $59,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 2nd quarter worth about $68,000.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ:BSCS traded up $0.01 during trading on Friday, hitting $20.60. The stock had a trading volume of 626,896 shares, compared to its average volume of 1,035,805. The stock has a 50-day simple moving average of $20.59 and a two-hundred day simple moving average of $20.57. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $20.07 and a 12-month high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.0746 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.