Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Stock Short Interest Jumps 62.2%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 232,509 shares, an increase of 62.2% from the August 31st total of 143,322 shares. Based on an average daily trading volume, of 644,250 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of BSCR stock traded up $0.01 during trading hours on Wednesday, hitting $19.55. 3,092,200 shares of the company’s stock traded hands, compared to its average volume of 755,212. The stock’s 50 day simple moving average is $19.61 and its 200 day simple moving average is $19.63. Invesco BulletShares 2027 Corporate Bond ETF has a 12 month low of $19.53 and a 12 month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.0697 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.84 annualized dividend and a yield of 4.3%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0694.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisortrust Partners LLC acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the first quarter valued at about $74,000. Sarver Vrooman Wealth Advisors boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 26.7% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 4,070 shares of the company’s stock valued at $80,000 after acquiring an additional 858 shares during the last quarter. ARQ Wealth Advisors LLC bought a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the first quarter valued at approximately $206,000. Three Cord True Wealth Management LLC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 1st quarter valued at approximately $213,000. Finally, World Investment Advisors acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 1st quarter valued at approximately $216,000.

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.