Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Sees Significant Decrease in Short Interest

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 125,653 shares, a decline of 48.2% from the May 31st total of 242,752 shares. Based on an average daily trading volume, of 592,751 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Invesco BulletShares 2027 Corporate Bond ETF Trading Up 0.1%

Shares of BSCR stock traded up $0.01 on Wednesday, hitting $19.62. The company had a trading volume of 217,400 shares, compared to its average volume of 804,498. Invesco BulletShares 2027 Corporate Bond ETF has a twelve month low of $19.57 and a twelve month high of $19.80. The stock’s 50-day moving average is $19.64 and its two-hundred day moving average is $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. Shareholders 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 represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BSCR. Revolve Wealth Partners LLC acquired a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $364,000. Jane Street Group LLC boosted its position in Invesco BulletShares 2027 Corporate Bond ETF by 285.8% during the first quarter. Jane Street Group LLC now owns 343,330 shares of the company’s stock valued at $6,726,000 after acquiring an additional 254,332 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 5.1% during the 2nd quarter. Diversify Advisory Services LLC now owns 51,200 shares of the company’s stock worth $1,009,000 after acquiring an additional 2,477 shares during the period. Ausdal Financial Partners Inc. acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF during the 2nd quarter worth about $5,552,000. Finally, Bank of America Corp DE raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1.2% in the 2nd quarter. Bank of America Corp DE now owns 4,815,374 shares of the company’s stock worth $94,622,000 after acquiring an additional 58,937 shares in 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.