Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Down 41.9% in February

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 603,800 shares, a drop of 41.9% from the February 13th total of 1,040,000 shares. Based on an average daily volume of 1,137,900 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Trading of Invesco BulletShares 2027 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. TFR Capital LLC. bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth about $238,000. BridgePort Financial Solutions LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth about $511,000. Shufro Rose & Co. LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 11.6% during the 4th quarter. Shufro Rose & Co. LLC now owns 56,267 shares of the company’s stock worth $1,096,000 after buying an additional 5,850 shares in the last quarter. Richmond Investment Services LLC bought a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter worth about $1,080,000. Finally, 49 Wealth Management LLC raised its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 45.7% during the 4th quarter. 49 Wealth Management LLC now owns 1,056,058 shares of the company’s stock worth $20,572,000 after buying an additional 331,190 shares in the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCR opened at $19.55 on Monday. Invesco BulletShares 2027 Corporate Bond ETF has a fifty-two week low of $19.01 and a fifty-two week high of $19.84. The company’s 50-day moving average price is $19.51 and its 200 day moving average price is $19.56.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were given a dividend of $0.0658 per share. The ex-dividend date of this dividend was Monday, February 24th.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors.