Short Interest in Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Increases By 167.4%

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 119,000 shares, a growth of 167.4% from the March 31st total of 44,500 shares. Based on an average daily volume of 504,500 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 26.8% during the 4th quarter. Wells Fargo & Company MN now owns 3,481,015 shares of the company’s stock worth $67,723,000 after acquiring an additional 735,753 shares during the last quarter. UBS Group AG grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 48.9% during the 4th quarter. UBS Group AG now owns 2,334,705 shares of the company’s stock worth $45,422,000 after acquiring an additional 767,101 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 7.7% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 1,947,320 shares of the company’s stock worth $37,885,000 after acquiring an additional 138,955 shares during the last quarter. Davis R M Inc. grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 484.6% during the 4th quarter. Davis R M Inc. now owns 1,246,597 shares of the company’s stock worth $24,253,000 after acquiring an additional 1,033,370 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Invesco BulletShares 2027 Corporate Bond ETF by 16.8% in the 3rd quarter. LPL Financial LLC now owns 1,220,835 shares of the company’s stock worth $22,872,000 after buying an additional 175,253 shares during the last quarter.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

BSCR opened at $19.04 on Friday. The stock’s 50 day simple moving average is $19.22 and its 200 day simple moving average is $19.16. Invesco BulletShares 2027 Corporate Bond ETF has a 1 year low of $18.52 and a 1 year high of $19.54.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.0692 per share. This represents a $0.83 annualized dividend and a yield of 4.36%. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.01. The ex-dividend date is Monday, April 22nd.

About Invesco BulletShares 2027 Corporate Bond ETF

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.