Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Down 20.7% in February

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 458,438 shares, a decrease of 20.7% from the February 12th total of 578,346 shares. Based on an average trading volume of 722,685 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 722,685 shares, the short-interest ratio is presently 0.6 days.

Invesco BulletShares 2028 Corporate Bond ETF Stock Down 0.0%

Shares of NASDAQ:BSCS opened at $20.44 on Monday. The stock’s 50-day moving average is $20.59 and its 200-day moving average is $20.59. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $20.07 and a 52-week high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.0726 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter worth $150,000. Financially in Tune LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth $2,027,000. Anchor Investment Management LLC raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 8.1% during the 4th quarter. Anchor Investment Management LLC now owns 1,087,252 shares of the company’s stock valued at $22,397,000 after purchasing an additional 81,932 shares during the last quarter. Tempo Wealth LLC acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter valued at $2,470,000. Finally, Astoria Portfolio Advisors LLC. boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 121.9% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 50,605 shares of the company’s stock valued at $1,042,000 after purchasing an additional 27,796 shares during the period.

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.