Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Grows By 31.2%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 239,204 shares, a growth of 31.2% from the March 31st total of 182,319 shares. Based on an average daily volume of 549,029 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. CX Institutional acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter worth about $26,000. Fifth Third Bancorp acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at approximately $31,000. AlphaCore Capital LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at approximately $33,000. International Assets Investment Management LLC acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at approximately $45,000. Finally, Optimum Investment Advisors raised its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 24.1% in the 3rd quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock valued at $74,000 after buying an additional 700 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Invesco BulletShares 2028 Corporate Bond ETF stock traded up $0.03 during midday trading on Friday, hitting $20.42. The company’s stock had a trading volume of 44,748 shares, compared to its average volume of 803,819. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $20.27 and a 1-year high of $20.69. The company has a 50-day moving average price of $20.48 and a two-hundred day moving average price of $20.55.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were paid a $0.0733 dividend. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, April 20th. This represents a c) annualized dividend and a yield of 4.3%.

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.