Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Significant Decline in Short Interest

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 193,400 shares, a drop of 46.7% from the October 15th total of 362,800 shares. Based on an average trading volume of 545,100 shares, the short-interest ratio is presently 0.4 days.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

BSCR stock remained flat at $19.50 during mid-day trading on Thursday. 485,389 shares of the company’s stock traded hands, compared to its average volume of 493,372. Invesco BulletShares 2027 Corporate Bond ETF has a 52 week low of $18.76 and a 52 week high of $19.84. The stock’s fifty day moving average is $19.64 and its two-hundred day moving average is $19.45.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Kades & Cheifetz LLC grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 25.7% during the 3rd quarter. Kades & Cheifetz LLC now owns 28,849 shares of the company’s stock worth $569,000 after acquiring an additional 5,896 shares in the last quarter. Sax Wealth Advisors LLC boosted its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 60.4% in the 3rd quarter. Sax Wealth Advisors LLC now owns 24,802 shares of the company’s stock valued at $489,000 after buying an additional 9,337 shares during the period. Certified Advisory Corp acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 2nd quarter valued at about $297,000. Sensible Money LLC boosted its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 4.8% in the 3rd quarter. Sensible Money LLC now owns 22,358 shares of the company’s stock valued at $441,000 after buying an additional 1,019 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,353.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 376,503 shares of the company’s stock valued at $72,000 after buying 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.