Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Down 46.7% in October

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large decrease in short interest in 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 short-interest ratio is presently 0.4 days.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCR traded up $0.02 during midday trading on Wednesday, reaching $19.50. The company’s stock had a trading volume of 511,962 shares, compared to its average volume of 491,928. Invesco BulletShares 2027 Corporate Bond ETF has a 12-month low of $18.76 and a 12-month high of $19.84. The firm has a 50 day moving average price of $19.65 and a 200-day moving average price of $19.45.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were given a $0.07 dividend. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, October 21st. This represents a $0.84 dividend on an annualized basis and a yield of 4.31%.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in BSCR. Manchester Financial Inc. raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 74.9% during the third quarter. Manchester Financial Inc. now owns 3,272,686 shares of the company’s stock valued at $64,537,000 after acquiring an additional 1,401,519 shares during the period. Raymond James & Associates increased its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 78.6% during the 2nd quarter. Raymond James & Associates now owns 2,036,951 shares of the company’s stock valued at $39,150,000 after purchasing an additional 896,186 shares during the last quarter. Jane Street Group LLC lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 146.1% in the first quarter. Jane Street Group LLC now owns 965,566 shares of the company’s stock worth $18,626,000 after buying an additional 573,282 shares during the last quarter. GPM Growth Investors Inc. bought a new position in Invesco BulletShares 2027 Corporate Bond ETF during the second quarter valued at $8,203,000. Finally, Strategic Financial Concepts LLC raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,353.7% in the second quarter. Strategic Financial Concepts LLC now owns 376,503 shares of the company’s stock valued at $72,000 after acquiring an additional 350,603 shares during the period.

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.