Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Sees Large Drop in Short Interest

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 105,800 shares, a decline of 75.3% from the December 15th total of 427,800 shares. Based on an average trading volume of 590,200 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in BSCS. Comprehensive Financial Consultants Institutional Inc. lifted its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 2.5% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 20,168 shares of the company’s stock worth $415,000 after acquiring an additional 495 shares during the period. Hobbs Group Advisors LLC raised its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 1.1% during the third quarter. Hobbs Group Advisors LLC now owns 50,603 shares of the company’s stock worth $1,040,000 after purchasing an additional 556 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its position in Invesco BulletShares 2028 Corporate Bond ETF by 0.6% in the third quarter. Gladstone Institutional Advisory LLC now owns 108,929 shares of the company’s stock valued at $2,240,000 after purchasing an additional 691 shares during the period. Anchor Investment Management LLC boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 27.3% in the 2nd quarter. Anchor Investment Management LLC now owns 3,262 shares of the company’s stock valued at $65,000 after purchasing an additional 700 shares in the last quarter. Finally, Apella Capital LLC increased its position in Invesco BulletShares 2028 Corporate Bond ETF by 1.7% during the 4th quarter. Apella Capital LLC now owns 42,485 shares of the company’s stock worth $855,000 after purchasing an additional 702 shares during the period.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.5 %

BSCS stock traded up $0.10 on Wednesday, hitting $20.15. The company’s stock had a trading volume of 611,365 shares, compared to its average volume of 848,496. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $19.65 and a 1 year high of $20.70. The firm has a 50 day moving average of $20.20 and a two-hundred day moving average of $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0783 per share. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date was Monday, December 23rd.

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.