Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Drops By 41.7%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 284,489 shares, a drop of 41.7% from the June 30th total of 487,721 shares. Based on an average daily volume of 413,366 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ BSCV traded up $0.01 during midday trading on Thursday, reaching $16.24. The company’s stock had a trading volume of 80,475 shares, compared to its average volume of 541,630. Invesco BulletShares 2031 Corporate Bond ETF has a one year low of $16.16 and a one year high of $17.04. The company has a 50 day moving average price of $16.36 and a 200 day moving average price of $16.51.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Morgan Stanley boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 52.0% during the fourth quarter. Morgan Stanley now owns 6,129,247 shares of the company’s stock valued at $102,328,000 after purchasing an additional 2,096,838 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 696.8% during the 4th quarter. Stifel Financial Corp now owns 1,192,130 shares of the company’s stock worth $19,903,000 after purchasing an additional 1,042,509 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1,561.8% during the 4th quarter. Focus Partners Wealth now owns 838,452 shares of the company’s stock valued at $13,998,000 after purchasing an additional 787,997 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2,342.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 574,549 shares of the company’s stock valued at $9,592,000 after purchasing an additional 551,028 shares in the last quarter. Finally, Legacy Financial Group LLC bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter worth $9,169,000.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

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.