Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Large Growth in Short Interest

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 578,346 shares, a growth of 105.5% from the January 29th total of 281,430 shares. Based on an average daily volume of 877,507 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 877,507 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. CX Institutional bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the third quarter worth $26,000. Fifth Third Bancorp bought a new position in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at about $31,000. AlphaCore Capital LLC acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth approximately $33,000. International Assets Investment Management LLC bought a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the fourth quarter valued at approximately $45,000. Finally, Optimum Investment Advisors increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 24.1% during the third quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock valued at $74,000 after acquiring an additional 700 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

NASDAQ BSCS traded up $0.03 during trading hours on Friday, hitting $20.61. The company had a trading volume of 707,428 shares, compared to its average volume of 948,083. Invesco BulletShares 2028 Corporate Bond ETF has a fifty-two week low of $20.07 and a fifty-two week high of $20.69. The business has a fifty day simple moving average of $20.60 and a 200-day simple moving average of $20.59.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.0726 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 23rd.

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.