Short Interest in Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Expands By 49.1%

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 463,100 shares, a growth of 49.1% from the November 15th total of 310,500 shares. Based on an average daily volume of 465,100 shares, the days-to-cover ratio is currently 1.0 days.

Invesco BulletShares 2028 Corporate Bond ETF Stock Down 0.1 %

BSCS stock traded down $0.02 on Friday, hitting $20.27. 331,948 shares of the company’s stock were exchanged, compared to its average volume of 437,375. The firm has a 50 day moving average price of $20.29 and a two-hundred day moving average price of $20.28. Invesco BulletShares 2028 Corporate Bond ETF has a 12-month low of $19.65 and a 12-month high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were issued a dividend of $0.0761 per share. The ex-dividend date was Monday, November 18th. This is an increase from Invesco BulletShares 2028 Corporate Bond ETF’s previous dividend of $0.01.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of BSCS. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth approximately $26,000. Unique Wealth Strategies LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the second quarter valued at $35,000. Prospera Private Wealth LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the third quarter valued at $38,000. OLD Second National Bank of Aurora acquired a new position in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $50,000. Finally, Alaska Wealth Advisors raised its stake in Invesco BulletShares 2028 Corporate Bond ETF by 69.5% in the 2nd quarter. Alaska Wealth Advisors now owns 3,198 shares of the company’s stock worth $64,000 after acquiring an additional 1,311 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.