Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Down 73.9% in March

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 119,595 shares, a decrease of 73.9% from the February 26th total of 458,438 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 896,918 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 896,918 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. CX Institutional bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter valued at $26,000. Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter valued at $31,000. AlphaCore Capital LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth $33,000. International Assets Investment Management LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth $45,000. Finally, Optimum Investment Advisors increased its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 24.1% in the third quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock valued at $74,000 after acquiring an additional 700 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

BSCS opened at $20.35 on Wednesday. The stock’s 50 day simple moving average is $20.57 and its 200 day simple moving average is $20.58. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $20.07 and a 1 year high of $20.69.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.0727 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Monday, March 23rd.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

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.