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

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 84,300 shares, a decrease of 71.9% from the January 31st total of 300,300 shares. Based on an average daily volume of 649,400 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth $26,000. Topsail Wealth Management LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth $27,000. ORG Partners LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth $34,000. Prospera Private Wealth LLC purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth $38,000. Finally, OLD Second National Bank of Aurora purchased a new stake in Invesco BulletShares 2028 Corporate Bond ETF during the 3rd quarter worth $50,000.

Invesco BulletShares 2028 Corporate Bond ETF Stock Up 0.1 %

NASDAQ BSCS traded up $0.03 during mid-day trading on Friday, reaching $20.34. 332,750 shares of the stock were exchanged, compared to its average volume of 661,953. The business’s fifty day simple moving average is $20.17 and its 200 day simple moving average is $20.31. Invesco BulletShares 2028 Corporate Bond ETF has a 1-year low of $19.65 and a 1-year high of $20.70.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be paid a $0.0732 dividend. The ex-dividend date of this dividend is Monday, February 24th.

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.