Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Declines By 42.3%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 310,500 shares, a drop of 42.3% from the October 31st total of 538,100 shares. Based on an average daily volume of 470,300 shares, the days-to-cover ratio is presently 0.7 days.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.2 %

NASDAQ:BSCS traded up $0.05 during mid-day trading on Friday, hitting $20.31. The company had a trading volume of 86,511 shares, compared to its average volume of 436,286. The business has a fifty day simple moving average of $20.34 and a 200-day simple moving average of $20.25. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $19.65 and a 1 year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were paid a dividend of $0.0761 per share. The ex-dividend date was Monday, November 18th. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.01.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Several large investors have recently modified their holdings of the business. Sanctuary Advisors LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 170.7% during the third quarter. Sanctuary Advisors LLC now owns 159,396 shares of the company’s stock valued at $3,212,000 after acquiring an additional 100,505 shares in the last quarter. Hobbs Group Advisors LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 1.1% during the third quarter. Hobbs Group Advisors LLC now owns 50,603 shares of the company’s stock valued at $1,040,000 after acquiring an additional 556 shares in the last quarter. Arete Wealth Advisors LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 3.6% during the third quarter. Arete Wealth Advisors LLC now owns 27,230 shares of the company’s stock valued at $560,000 after acquiring an additional 948 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 33.7% during the third quarter. MML Investors Services LLC now owns 392,404 shares of the company’s stock valued at $8,068,000 after acquiring an additional 98,975 shares in the last quarter. Finally, Orion Portfolio Solutions LLC grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 2.5% during the third quarter. Orion Portfolio Solutions LLC now owns 111,500 shares of the company’s stock valued at $2,292,000 after acquiring an additional 2,718 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.