Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Rises By 109.4%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 538,100 shares, a growth of 109.4% from the October 15th total of 257,000 shares. Based on an average daily trading volume, of 453,500 shares, the short-interest ratio is presently 1.2 days.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ BSCS traded up $0.02 during mid-day trading on Friday, reaching $20.21. 486,365 shares of the company’s stock traded hands, compared to its average volume of 435,126. The business has a 50-day simple moving average of $20.43 and a 200 day simple moving average of $20.22. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $19.55 and a 1-year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a dividend of $0.076 per share. This is a positive change from Invesco BulletShares 2028 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.91 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date of this dividend was Monday, October 21st.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCS. TruWealth Advisors LLC lifted its stake in Invesco BulletShares 2028 Corporate Bond ETF by 1.2% during the 3rd quarter. TruWealth Advisors LLC now owns 2,746,958 shares of the company’s stock valued at $56,478,000 after acquiring an additional 32,976 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 77.8% during the first quarter. Avantax Advisory Services Inc. now owns 77,008 shares of the company’s stock valued at $1,546,000 after purchasing an additional 33,706 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 2.1% during the second quarter. Cetera Investment Advisers now owns 59,745 shares of the company’s stock worth $1,192,000 after purchasing an additional 1,220 shares during the last quarter. Kingsview Wealth Management LLC grew its position in Invesco BulletShares 2028 Corporate Bond ETF by 37.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 14,789 shares of the company’s stock worth $297,000 after purchasing an additional 3,991 shares in the last quarter. Finally, Raymond James & Associates increased its stake in Invesco BulletShares 2028 Corporate Bond ETF by 96.6% in the 2nd quarter. Raymond James & Associates now owns 1,732,471 shares of the company’s stock valued at $34,563,000 after buying an additional 851,195 shares during 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.