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

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 193,400 shares, a decrease of 46.7% from the October 15th total of 362,800 shares. Based on an average daily volume of 545,100 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 2.6% in the 2nd quarter. LPL Financial LLC now owns 3,683,508 shares of the company’s stock valued at $70,797,000 after buying an additional 92,505 shares in the last quarter. Manchester Financial Inc. grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 74.9% during the 3rd quarter. Manchester Financial Inc. now owns 3,272,686 shares of the company’s stock worth $64,537,000 after purchasing an additional 1,401,519 shares in the last quarter. Hills Bank & Trust Co raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 3.5% during the third quarter. Hills Bank & Trust Co now owns 2,338,825 shares of the company’s stock valued at $46,122,000 after acquiring an additional 78,132 shares during the last quarter. Raymond James & Associates lifted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 14.5% in the 3rd quarter. Raymond James & Associates now owns 2,333,128 shares of the company’s stock worth $46,009,000 after purchasing an additional 296,177 shares during the period. Finally, Avior Wealth Management LLC boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 22.9% during the 3rd quarter. Avior Wealth Management LLC now owns 1,845,707 shares of the company’s stock worth $36,397,000 after purchasing an additional 344,278 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Up 0.1 %

BSCR traded up $0.02 during mid-day trading on Wednesday, reaching $19.50. The stock had a trading volume of 511,962 shares, compared to its average volume of 491,928. The firm’s fifty day simple moving average is $19.65 and its two-hundred day simple moving average is $19.45. Invesco BulletShares 2027 Corporate Bond ETF has a 52 week low of $18.76 and a 52 week high of $19.84.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 4.31%. The ex-dividend date was Monday, October 21st. 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.