Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Up 45.2% in August

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 221,100 shares, a growth of 45.2% from the August 15th total of 152,300 shares. Based on an average daily trading volume, of 429,800 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 429,800 shares, the short-interest ratio is presently 0.5 days.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of BSCS opened at $20.67 on Wednesday. The stock has a 50 day moving average price of $20.52 and a 200 day moving average price of $20.42. Invesco BulletShares 2028 Corporate Bond ETF has a 52-week low of $20.04 and a 52-week high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 18th were given a $0.0794 dividend. This is a boost from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 4.6% in the first quarter. Private Trust Co. NA now owns 11,460 shares of the company’s stock valued at $233,000 after acquiring an additional 500 shares during the period. Citadel Advisors LLC raised its position in Invesco BulletShares 2028 Corporate Bond ETF by 408.0% in the 4th quarter. Citadel Advisors LLC now owns 109,181 shares of the company’s stock valued at $2,198,000 after purchasing an additional 87,690 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 8.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 182,861 shares of the company’s stock worth $3,721,000 after purchasing an additional 13,979 shares during the period. Invesco Ltd. increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 15.6% in the first quarter. Invesco Ltd. now owns 1,905,319 shares of the company’s stock valued at $38,773,000 after purchasing an additional 256,719 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its holdings in shares of Invesco BulletShares 2028 Corporate Bond ETF by 16.9% in the first quarter. Dynamic Advisor Solutions LLC now owns 19,566 shares of the company’s stock valued at $398,000 after buying an additional 2,829 shares during the last quarter.

About Invesco BulletShares 2028 Corporate Bond ETF

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.