Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Grows By 23.4%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 167,400 shares, an increase of 23.4% from the July 15th total of 135,700 shares. Based on an average daily volume of 334,800 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Several institutional investors have recently modified their holdings of BSCS. Tennessee Valley Asset Management Partners acquired a new position in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter valued at about $171,000. Keel Point LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth approximately $272,000. Capital Analysts LLC grew its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 351.6% in the 4th quarter. Capital Analysts LLC now owns 24,264 shares of the company’s stock worth $492,000 after buying an additional 18,891 shares in the last quarter. Key Financial Inc raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 1,573.5% during the 4th quarter. Key Financial Inc now owns 7,079 shares of the company’s stock valued at $144,000 after acquiring an additional 6,656 shares in the last quarter. Finally, SFE Investment Counsel raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 42.8% during the 4th quarter. SFE Investment Counsel now owns 125,999 shares of the company’s stock valued at $2,555,000 after acquiring an additional 37,755 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.4 %

NASDAQ:BSCS traded down $0.08 during midday trading on Thursday, reaching $20.36. 140,310 shares of the company traded hands, compared to its average volume of 427,869. The company has a fifty day moving average price of $20.13 and a 200 day moving average price of $20.02. Invesco BulletShares 2028 Corporate Bond ETF has a twelve month low of $19.07 and a twelve month high of $20.49.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were paid a $0.081 dividend. This represents a $0.97 dividend on an annualized basis and a yield of 4.77%. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, July 22nd.

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.