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

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a significant decline in short interest during 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 daily volume of 590,200 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2028 Corporate Bond ETF stock remained flat at $20.05 during trading hours on Tuesday. The stock had a trading volume of 250,732 shares, compared to its average volume of 821,080. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $19.65 and a 1 year high of $20.70. The stock’s 50-day moving average is $20.20 and its two-hundred day moving average is $20.30.

Invesco BulletShares 2028 Corporate Bond ETF Increases Dividend

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

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

Large investors have recently modified their holdings of the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter worth $26,000. ORG Partners LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at about $34,000. Prospera Private Wealth LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter valued at about $38,000. OLD Second National Bank of Aurora bought a new position in Invesco BulletShares 2028 Corporate Bond ETF during the third quarter worth about $50,000. Finally, Anchor Investment Management LLC increased its stake in shares of Invesco BulletShares 2028 Corporate Bond ETF by 27.3% in the second quarter. Anchor Investment Management LLC now owns 3,262 shares of the company’s stock worth $65,000 after purchasing an additional 700 shares in 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.