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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCVGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 423,307 shares, a growth of 48.8% from the July 15th total of 284,489 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 467,383 shares, the short-interest ratio is presently 0.9 days.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.1%

BSCV traded up $0.01 during trading hours on Tuesday, hitting $16.29. The stock had a trading volume of 174,708 shares, compared to its average volume of 530,143. The company’s fifty day simple moving average is $16.33 and its 200 day simple moving average is $16.47. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $16.16 and a 1 year high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a dividend of $0.065 per share. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, July 20th.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. AlphaCore Capital LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter worth approximately $33,000. Ascentis Independent Advisors bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter valued at $35,000. Farther Finance Advisors LLC raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock valued at $41,000 after acquiring an additional 1,739 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth $50,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth $92,000.

About Invesco BulletShares 2031 Corporate Bond ETF

(Get Free Report)

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. BSCV was launched on Sep 15, 2021 and is managed by Invesco.

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