Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Decreases By 41.9%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 603,800 shares, a decrease of 41.9% from the February 13th total of 1,040,000 shares. Based on an average daily volume of 1,137,900 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Wilmington Savings Fund Society FSB purchased a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the 3rd quarter worth $32,000. Topsail Wealth Management LLC purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter valued at about $59,000. Private Trust Co. NA increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 49.7% in the 3rd quarter. Private Trust Co. NA now owns 3,809 shares of the company’s stock valued at $75,000 after acquiring an additional 1,264 shares during the period. Prospera Private Wealth LLC purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF during the 3rd quarter worth $81,000. Finally, SJS Investment Consulting Inc. grew its stake in Invesco BulletShares 2027 Corporate Bond ETF by 46.3% during the 4th quarter. SJS Investment Consulting Inc. now owns 4,846 shares of the company’s stock worth $94,000 after buying an additional 1,533 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

BSCR remained flat at $19.55 during midday trading on Friday. 755,523 shares of the company’s stock were exchanged, compared to its average volume of 1,281,082. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.01 and a twelve month high of $19.84. The company’s 50-day simple moving average is $19.51 and its 200-day simple moving average is $19.56.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a $0.0658 dividend. The ex-dividend date of this dividend was Monday, February 24th.

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.