Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Increases By 19.6%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 362,800 shares, an increase of 19.6% from the September 30th total of 303,400 shares. Based on an average trading volume of 561,900 shares, the days-to-cover ratio is currently 0.6 days.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Invesco BulletShares 2027 Corporate Bond ETF stock traded down $0.01 during mid-day trading on Wednesday, reaching $19.51. The company’s stock had a trading volume of 198,292 shares, compared to its average volume of 488,975. The business has a 50 day moving average price of $19.67 and a 200-day moving average price of $19.42. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $18.60 and a twelve month 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. Shareholders of record on Monday, October 21st were paid a $0.07 dividend. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.84 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date of this dividend was Monday, October 21st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Whitener Capital Management Inc. bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the third quarter worth about $314,000. Janney Montgomery Scott LLC raised its stake in Invesco BulletShares 2027 Corporate Bond ETF by 3.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,021,446 shares of the company’s stock valued at $20,143,000 after acquiring an additional 31,610 shares in the last quarter. Key Financial Inc grew its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 85.8% in the third quarter. Key Financial Inc now owns 33,440 shares of the company’s stock worth $659,000 after purchasing an additional 15,440 shares in the last quarter. Arlington Trust Co LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the third quarter valued at about $51,000. Finally, Gladstone Institutional Advisory LLC grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 2.9% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 124,730 shares of the company’s stock valued at $2,460,000 after buying an additional 3,477 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

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.