Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Decreases By 66.0%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 631,269 shares, a decrease of 66.0% from the December 31st total of 1,854,376 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,139,596 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 1,139,596 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are short sold.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

BSCR opened at $19.72 on Wednesday. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.41 and a twelve month high of $19.80. The firm’s 50-day moving average price is $19.73 and its 200 day moving average price is $19.72.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.0695 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, January 20th.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 70.0% in the 2nd quarter. Lido Advisors LLC now owns 49,557,795 shares of the company’s stock valued at $973,811,000 after buying an additional 20,413,246 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,914.2% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 5,142,382 shares of the company’s stock valued at $101,048,000 after acquiring an additional 4,887,079 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 326.9% in the third quarter. Thrivent Financial for Lutherans now owns 856,834 shares of the company’s stock valued at $16,888,000 after purchasing an additional 656,135 shares during the period. Summit Investment Advisory Services LLC purchased a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the second quarter valued at about $8,423,000. Finally, BCS Wealth Management increased its position in Invesco BulletShares 2027 Corporate Bond ETF by 109.7% during the fourth quarter. BCS Wealth Management now owns 800,215 shares of the company’s stock worth $15,796,000 after purchasing an additional 418,591 shares during the last quarter.

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.