Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Significant Decline in Short Interest

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 91,315 shares, a decline of 55.4% from the July 15th total of 204,884 shares. Based on an average daily volume of 581,285 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2027 Corporate Bond ETF stock remained flat at $19.65 during mid-day trading on Friday. 513,555 shares of the company were exchanged, compared to its average volume of 763,145. Invesco BulletShares 2027 Corporate Bond ETF has a 1-year low of $19.57 and a 1-year high of $19.80. The company has a fifty day simple moving average of $19.63 and a 200-day simple moving average of $19.66.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.0693 per share. The ex-dividend date of this dividend was Monday, July 20th. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Inflows and Outflows

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

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

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.