Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Down 44.0% in June

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 115,200 shares, a decline of 44.0% from the May 31st total of 205,700 shares. Based on an average daily trading volume, of 423,500 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2027 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCR remained flat at $19.22 during midday trading on Friday. 322,379 shares of the stock traded hands, compared to its average volume of 470,441. Invesco BulletShares 2027 Corporate Bond ETF has a 12-month low of $18.52 and a 12-month high of $19.54. The company has a 50-day moving average price of $19.20 and a two-hundred day moving average price of $19.27.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a $0.0717 dividend. This represents a $0.86 annualized dividend and a yield of 4.48%. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, June 24th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN raised its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 26.8% during the 4th quarter. Wells Fargo & Company MN now owns 3,481,015 shares of the company’s stock valued at $67,723,000 after buying an additional 735,753 shares during the period. UBS Group AG boosted its position in Invesco BulletShares 2027 Corporate Bond ETF by 48.9% during the fourth quarter. UBS Group AG now owns 2,334,705 shares of the company’s stock valued at $45,422,000 after purchasing an additional 767,101 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 7.7% in the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,947,320 shares of the company’s stock worth $37,885,000 after acquiring an additional 138,955 shares in the last quarter. Davis R M Inc. boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 7.0% in the first quarter. Davis R M Inc. now owns 1,334,439 shares of the company’s stock worth $25,741,000 after acquiring an additional 87,842 shares in the last quarter. Finally, Manchester Financial Inc. boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 2.4% in the fourth quarter. Manchester Financial Inc. now owns 1,203,286 shares of the company’s stock worth $23,410,000 after acquiring an additional 27,661 shares in the last quarter.

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.