Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Update

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 105,800 shares, a decline of 75.3% from the December 31st total of 427,800 shares. Based on an average daily volume of 590,200 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Stephens Inc. AR grew its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 15.7% in the 4th quarter. Stephens Inc. AR now owns 97,512 shares of the company’s stock valued at $1,963,000 after buying an additional 13,238 shares during the period. AlphaStar Capital Management LLC lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 1.8% in the fourth quarter. AlphaStar Capital Management LLC now owns 100,300 shares of the company’s stock valued at $2,019,000 after acquiring an additional 1,812 shares during the last quarter. Kingsview Wealth Management LLC grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 11.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 29,827 shares of the company’s stock worth $600,000 after acquiring an additional 3,152 shares during the period. Strategic Financial Concepts LLC increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 3,261.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 682,876 shares of the company’s stock worth $13,746,000 after acquiring an additional 662,564 shares during the last quarter. Finally, Leo Wealth LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at about $313,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCS remained flat at $20.20 during midday trading on Tuesday. The company had a trading volume of 376,498 shares, compared to its average volume of 775,329. The firm’s fifty day moving average is $20.19 and its 200-day moving average is $20.31. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $19.65 and a 12-month high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a dividend of $0.0754 per share. The ex-dividend date was Tuesday, January 21st.

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.