Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Stock Short Interest Falls 80.7%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 33,869 shares, a decrease of 80.7% from the September 30th total of 175,753 shares. Based on an average trading volume of 775,290 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

NASDAQ BSCR opened at $19.55 on Tuesday. The firm’s 50 day simple moving average is $19.59 and its 200 day simple moving average is $19.65. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $19.52 and a 1 year high of $19.79.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a dividend of $0.0690 per share. This is a decrease from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.0697. This represents a $0.83 annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, October 19th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Large investors have recently modified their holdings of the business. Insight Wealth Partners LLC lifted its position in Invesco BulletShares 2027 Corporate Bond ETF by 2.1% in the 3rd quarter. Insight Wealth Partners LLC now owns 30,154 shares of the company’s stock valued at $589,000 after acquiring an additional 621 shares in the last quarter. Decker Wealth Management LLC boosted its stake in Invesco BulletShares 2027 Corporate Bond ETF by 1.1% during the 3rd quarter. Decker Wealth Management LLC now owns 66,010 shares of the company’s stock valued at $1,290,000 after purchasing an additional 711 shares during the last quarter. Apella Capital LLC increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 1.5% in the 2nd quarter. Apella Capital LLC now owns 53,419 shares of the company’s stock worth $1,049,000 after purchasing an additional 771 shares in the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 6.4% in the 3rd quarter. Axxcess Wealth Management LLC now owns 14,229 shares of the company’s stock worth $278,000 after purchasing an additional 855 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 11.7% in the third quarter. IFP Advisors Inc now owns 8,819 shares of the company’s stock worth $172,000 after purchasing an additional 925 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.