Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Decreases By 13.0%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 73,300 shares, a decrease of 13.0% from the August 15th total of 84,300 shares. Based on an average daily volume of 473,300 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR traded down $0.02 during trading hours on Tuesday, hitting $19.79. The stock had a trading volume of 246,067 shares, compared to its average volume of 479,913. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $18.52 and a 1-year high of $19.82. The firm has a 50 day simple moving average of $19.54 and a 200-day simple moving average of $19.33.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were issued a dividend of $0.074 per share. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 19th. This represents a $0.89 annualized dividend and a dividend yield of 4.49%.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of large investors have recently modified their holdings of BSCR. Kingsview Wealth Management LLC raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 8.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 24,856 shares of the company’s stock worth $484,000 after buying an additional 2,012 shares during the last quarter. UBS Group AG lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 48.9% in the 4th quarter. UBS Group AG now owns 2,334,705 shares of the company’s stock valued at $45,422,000 after acquiring an additional 767,101 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 26.8% during the 4th quarter. Wells Fargo & Company MN now owns 3,481,015 shares of the company’s stock valued at $67,723,000 after purchasing an additional 735,753 shares during the last quarter. Davis R M Inc. increased its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 484.6% during the 4th quarter. Davis R M Inc. now owns 1,246,597 shares of the company’s stock worth $24,253,000 after purchasing an additional 1,033,370 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 139.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 124,065 shares of the company’s stock worth $2,414,000 after purchasing an additional 72,332 shares during the last quarter.

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.