Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Update

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 291,145 shares, a growth of 131.7% from the June 15th total of 125,653 shares. Based on an average daily volume of 608,357 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCR traded down $0.01 during mid-day trading on Thursday, reaching $19.64. 57,864 shares of the company were exchanged, compared to its average volume of 781,241. The company’s 50-day simple moving average is $19.64 and its 200-day simple moving average is $19.68. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.57 and a twelve month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0692 per share. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 22nd.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Rossby Financial LCC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter valued at about $28,000. Birchbrook Inc. bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter valued at about $30,000. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter valued at about $33,000. International Assets Investment Management LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth approximately $48,000. Finally, Cary Street Partners Investment Advisory LLC bought a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth approximately $52,000.

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. BSCR was launched on Sep 27, 2017 and is managed by Invesco.