Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Increases By 131.7%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 291,145 shares, an increase of 131.7% from the June 15th total of 125,653 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 608,357 shares, the days-to-cover ratio is currently 0.5 days.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

NASDAQ BSCR opened at $19.63 on Tuesday. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.57 and a fifty-two week high of $19.80. The business has a 50 day moving average price of $19.64 and a two-hundred day moving average price of $19.68.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0692 per share. The ex-dividend date of this dividend was Monday, June 22nd. This is an increase from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Institutional Trading of Invesco BulletShares 2027 Corporate Bond ETF

Large investors have recently modified their holdings of the business. Nottingham Advisors Inc. bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the 1st quarter worth about $736,000. Evexia Wealth LLC raised its stake in Invesco BulletShares 2027 Corporate Bond ETF by 139.3% during the fourth quarter. Evexia Wealth LLC now owns 204,199 shares of the company’s stock worth $4,035,000 after acquiring an additional 118,874 shares during the period. Clark Asset Management LLC boosted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 16.5% in the fourth quarter. Clark Asset Management LLC now owns 1,000,695 shares of the company’s stock valued at $19,754,000 after acquiring an additional 141,551 shares during the period. SFE Investment Counsel grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 10.4% during the fourth quarter. SFE Investment Counsel now owns 283,194 shares of the company’s stock valued at $5,590,000 after purchasing an additional 26,638 shares during the last quarter. Finally, Farnam Financial LLC grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 18.0% during the fourth quarter. Farnam Financial LLC now owns 279,818 shares of the company’s stock valued at $5,524,000 after purchasing an additional 42,645 shares during 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. BSCR was launched on Sep 27, 2017 and is managed by Invesco.