Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Stock Short Interest Rises 76.4%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 196,698 shares, a growth of 76.4% from the September 15th total of 111,529 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 781,122 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Waverly Advisors LLC lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 16,298.3% during the 2nd quarter. Waverly Advisors LLC now owns 4,637,273 shares of the company’s stock valued at $94,438,000 after buying an additional 4,608,994 shares in the last quarter. Rothschild Wealth LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $17,072,000. Bank of America Corp DE grew its stake in Invesco BulletShares 2028 Corporate Bond ETF by 20.2% in the 1st quarter. Bank of America Corp DE now owns 4,466,656 shares of the company’s stock valued at $91,223,000 after acquiring an additional 752,039 shares during the period. Cvfg LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 1st quarter valued at $9,258,000. Finally, Kestra Private Wealth Services LLC increased its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 347.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 549,764 shares of the company’s stock worth $11,228,000 after acquiring an additional 426,949 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock traded up $0.01 during trading hours on Thursday, reaching $20.20. The company had a trading volume of 244,125 shares, compared to its average volume of 696,171. Invesco BulletShares 2028 Corporate Bond ETF has a one year low of $20.09 and a one year high of $20.67. The business has a fifty day simple moving average of $20.26 and a 200 day simple moving average of $20.34.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a $0.0744 dividend. This represents a $0.89 annualized dividend and a dividend yield of 4.4%. This is a negative change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.0765. The ex-dividend date was Monday, September 21st.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

(Get Free Report)

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.

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