Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Decreases By 20.7%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 458,438 shares, a decrease of 20.7% from the February 12th total of 578,346 shares. Based on an average daily volume of 722,685 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 722,685 shares, the days-to-cover ratio is currently 0.6 days.

Invesco BulletShares 2028 Corporate Bond ETF Trading Down 0.0%

NASDAQ BSCS opened at $20.44 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a 12 month low of $20.07 and a 12 month high of $20.69. The stock has a 50-day simple moving average of $20.59 and a 200 day simple moving average of $20.59.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a dividend of $0.0726 per share. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the company. CX Institutional acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $26,000. Fifth Third Bancorp acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth $31,000. AlphaCore Capital LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth $33,000. International Assets Investment Management LLC bought a new position in Invesco BulletShares 2028 Corporate Bond ETF during the fourth quarter worth about $45,000. Finally, Optimum Investment Advisors lifted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 24.1% during the third quarter. Optimum Investment Advisors now owns 3,600 shares of the company’s stock worth $74,000 after acquiring an additional 700 shares in the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Company Profile

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.