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 target of a significant 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. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 1,137,900 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2027 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. IFP Advisors Inc grew its position in Invesco BulletShares 2027 Corporate Bond ETF by 295.2% in the 4th quarter. IFP Advisors Inc now owns 6,718 shares of the company’s stock valued at $131,000 after acquiring an additional 5,018 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Invesco BulletShares 2027 Corporate Bond ETF by 250.9% in the fourth quarter. GAMMA Investing LLC now owns 25,897 shares of the company’s stock valued at $504,000 after purchasing an additional 18,516 shares in the last quarter. Jane Street Group LLC increased its stake in Invesco BulletShares 2027 Corporate Bond ETF by 27.3% during the 3rd quarter. Jane Street Group LLC now owns 286,369 shares of the company’s stock worth $5,647,000 after buying an additional 61,425 shares during the period. JPMorgan Chase & Co. lifted its holdings in Invesco BulletShares 2027 Corporate Bond ETF by 153.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 141,264 shares of the company’s stock worth $2,786,000 after buying an additional 85,418 shares in the last quarter. Finally, AlphaStar Capital Management LLC boosted its position in Invesco BulletShares 2027 Corporate Bond ETF by 2.1% in the 4th quarter. AlphaStar Capital Management LLC now owns 120,242 shares of the company’s stock valued at $2,342,000 after buying an additional 2,489 shares during the period.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR stock opened at $19.55 on Friday. The firm’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 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 declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.0658 per share. The ex-dividend date was Monday, February 24th.

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.