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

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

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2027 Corporate Bond ETF stock opened at $19.55 on Friday. The stock has a 50 day moving average price of $19.51 and a 200-day moving average price of $19.56. Invesco BulletShares 2027 Corporate Bond ETF has a one year low of $19.01 and a one year high of $19.84.

Invesco BulletShares 2027 Corporate Bond ETF Cuts Dividend

The company also recently disclosed 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 was Monday, February 24th.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSCR. Raymond James Financial Inc. bought a new position in Invesco BulletShares 2027 Corporate Bond ETF during the 4th quarter valued at about $75,053,000. Independent Advisor Alliance purchased a new stake in shares of Invesco BulletShares 2027 Corporate Bond ETF in the fourth quarter worth approximately $18,103,000. Wells Fargo & Company MN lifted its stake in shares of Invesco BulletShares 2027 Corporate Bond ETF by 16.4% during the 4th quarter. Wells Fargo & Company MN now owns 5,693,129 shares of the company’s stock worth $110,902,000 after acquiring an additional 804,013 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 2,962.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 753,144 shares of the company’s stock valued at $14,671,000 after acquiring an additional 728,553 shares during the period. Finally, Cornerstone Wealth Management LLC grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 2,561.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 615,020 shares of the company’s stock valued at $11,981,000 after acquiring an additional 591,913 shares during the last quarter.

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.