Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Up 523.2% in December

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,854,376 shares, a growth of 523.2% from the December 15th total of 297,555 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 1,122,080 shares, the days-to-cover ratio is currently 1.7 days. Based on an average trading volume of 1,122,080 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.8% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

A number of large investors have recently bought and sold shares of the business. Lido Advisors LLC grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 30.4% in the 3rd quarter. Lido Advisors LLC now owns 64,627,104 shares of the company’s stock valued at $1,273,800,000 after acquiring an additional 15,069,309 shares during the last quarter. Laurel Wealth Advisors LLC boosted its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1,914.2% during the second quarter. Laurel Wealth Advisors LLC now owns 5,142,382 shares of the company’s stock valued at $101,048,000 after purchasing an additional 4,887,079 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1.5% in the third quarter. Bank of America Corp DE now owns 4,885,362 shares of the company’s stock worth $96,290,000 after purchasing an additional 69,988 shares during the last quarter. UBS Group AG grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 5.8% in the third quarter. UBS Group AG now owns 4,233,655 shares of the company’s stock worth $83,445,000 after purchasing an additional 232,664 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 6.8% in the 3rd quarter. Raymond James Financial Inc. now owns 3,897,859 shares of the company’s stock worth $76,827,000 after buying an additional 246,971 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

NASDAQ:BSCR remained flat at $19.74 during mid-day trading on Monday. 927,261 shares of the company traded hands, compared to its average volume of 1,275,380. Invesco BulletShares 2027 Corporate Bond ETF has a one year low of $19.41 and a one year high of $19.80. The stock has a 50 day moving average price of $19.73 and a 200 day moving average price of $19.71.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.0721 per share. This is a positive change 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 4.4%. The ex-dividend date of this dividend was Monday, December 22nd.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

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.