Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Expands By 31.2%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 239,204 shares, a growth of 31.2% from the March 31st total of 182,319 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 549,029 shares, the days-to-cover ratio is presently 0.4 days.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.1%

BSCS stock traded up $0.03 during trading on Thursday, reaching $20.42. 505,022 shares of the stock were exchanged, compared to its average volume of 811,466. The firm’s 50 day moving average is $20.48 and its 200 day moving average is $20.55. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $20.27 and a twelve month high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were paid a dividend of $0.0733 per share. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, April 20th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Richmond Investment Services LLC increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 5.1% during the 1st quarter. Richmond Investment Services LLC now owns 96,226 shares of the company’s stock valued at $1,965,000 after purchasing an additional 4,641 shares in the last quarter. Cvfg LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 1st quarter valued at $9,258,000. ArborFi Advisors LLC increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 3.7% during the 1st quarter. ArborFi Advisors LLC now owns 71,127 shares of the company’s stock valued at $1,453,000 after purchasing an additional 2,559 shares in the last quarter. Unified Investment Management increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 4.8% during the 1st quarter. Unified Investment Management now owns 29,460 shares of the company’s stock valued at $602,000 after purchasing an additional 1,350 shares in the last quarter. Finally, Kathmere Capital Management LLC increased its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 24.2% during the 1st quarter. Kathmere Capital Management LLC now owns 29,449 shares of the company’s stock worth $601,000 after purchasing an additional 5,734 shares in the last quarter.

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.