Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Update

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 304,500 shares, a growth of 261.2% from the February 13th total of 84,300 shares. Based on an average daily trading volume, of 653,000 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are sold short.

Invesco BulletShares 2028 Corporate Bond ETF Trading Up 0.1 %

NASDAQ:BSCS opened at $20.31 on Friday. Invesco BulletShares 2028 Corporate Bond ETF has a 1 year low of $19.65 and a 1 year high of $20.70. The firm’s fifty day simple moving average is $20.22 and its 200 day simple moving average is $20.31.

Invesco BulletShares 2028 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a $0.0732 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Trading of Invesco BulletShares 2028 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the stock. Topsail Wealth Management LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $27,000. ORG Partners LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter valued at $34,000. Prospera Private Wealth LLC bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $38,000. OLD Second National Bank of Aurora bought a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $50,000. Finally, Community Bank N.A. boosted its holdings in Invesco BulletShares 2028 Corporate Bond ETF by 293.0% in the 4th quarter. Community Bank N.A. now owns 3,085 shares of the company’s stock valued at $62,000 after purchasing an additional 2,300 shares during the period.

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.