Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Large Growth in Short Interest

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large growth in short interest in April. As of April 30th, there was short interest totalling 161,600 shares, a growth of 112.4% from the April 15th total of 76,100 shares. Based on an average daily trading volume, of 116,900 shares, the days-to-cover ratio is currently 1.4 days.

Invesco BulletShares 2031 Corporate Bond ETF Stock Down 0.1 %

Shares of BSCV stock traded down $0.02 during midday trading on Friday, reaching $15.88. 34,529 shares of the company were exchanged, compared to its average volume of 127,064. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $14.78 and a 12 month high of $17.85. The company’s 50 day moving average price is $15.93 and its two-hundred day moving average price is $15.93.

Invesco BulletShares 2031 Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were given a $0.0659 dividend. This represents a $0.79 annualized dividend and a dividend yield of 4.98%. The ex-dividend date was Monday, April 22nd.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in BSCV. Davis Capital Management boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2,463.2% during the first quarter. Davis Capital Management now owns 2,435 shares of the company’s stock worth $39,000 after purchasing an additional 2,340 shares during the period. YHB Investment Advisors Inc. acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the first quarter valued at approximately $42,000. Tennessee Valley Asset Management Partners acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at approximately $44,000. Marquette Asset Management LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth $85,000. Finally, Capital Analysts LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth $90,000.

About Invesco BulletShares 2031 Corporate Bond ETF

The Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade corporate bonds with effective maturities in 2031. The fund will unwind in December 2031 and return capitals and proceeds to investors.