Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) Short Interest Up 261.2% in February

Invesco BulletShares 2028 Corporate Bond ETF (NASDAQ:BSCS) was the recipient of a large growth in short interest in 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. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 653,000 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2028 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Topsail Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 4th quarter worth approximately $27,000. ORG Partners LLC purchased a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF during the 4th quarter worth about $34,000. Prospera Private Wealth LLC acquired a new stake in Invesco BulletShares 2028 Corporate Bond ETF in the third quarter valued at approximately $38,000. OLD Second National Bank of Aurora acquired a new stake in shares of Invesco BulletShares 2028 Corporate Bond ETF in the 3rd quarter valued at $50,000. Finally, Community Bank N.A. lifted its position in shares of Invesco BulletShares 2028 Corporate Bond ETF by 293.0% in the fourth quarter. Community Bank N.A. now owns 3,085 shares of the company’s stock worth $62,000 after buying an additional 2,300 shares during the last quarter.

Invesco BulletShares 2028 Corporate Bond ETF Price Performance

Invesco BulletShares 2028 Corporate Bond ETF stock opened at $20.30 on Friday. The company’s 50-day moving average price is $20.22 and its two-hundred day moving average price is $20.31. Invesco BulletShares 2028 Corporate Bond ETF has a 52 week low of $19.65 and a 52 week high of $20.70.

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 issued a dividend of $0.0732 per share. The ex-dividend date of this dividend was Monday, February 24th.

About Invesco BulletShares 2028 Corporate Bond ETF

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.