Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Grows By 234.8%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 143,322 shares, a growth of 234.8% from the August 15th total of 42,810 shares. Based on an average trading volume of 555,093 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

BSCR remained flat at $19.61 on Friday. 654,429 shares of the company were exchanged, compared to its average volume of 744,262. Invesco BulletShares 2027 Corporate Bond ETF has a 52-week low of $19.57 and a 52-week high of $19.80. The stock’s 50-day simple moving average is $19.62 and its 200-day simple moving average is $19.64.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.0694 per share. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BSCR. Nottingham Advisors Inc. acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the first quarter valued at approximately $736,000. Rothschild Wealth LLC acquired a new position in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter worth approximately $3,119,000. Livet Wealth LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter valued at approximately $3,090,000. Key Financial Inc increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 40.0% in the 4th quarter. Key Financial Inc now owns 99,389 shares of the company’s stock valued at $1,962,000 after acquiring an additional 28,398 shares during the last quarter. Finally, Vaughan David Investments LLC IL increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 7.2% in the 4th quarter. Vaughan David Investments LLC IL now owns 470,122 shares of the company’s stock valued at $9,280,000 after acquiring an additional 31,749 shares during the last quarter.

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.