Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Expands By 48.8%

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

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCV traded up $0.02 during midday trading on Wednesday, reaching $16.30. 208,352 shares of the company’s stock traded hands, compared to its average volume of 528,851. The stock’s 50 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 one year low of $16.16 and a one year high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were paid a dividend of $0.065 per share. 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of BSCV. Integrated Wealth Concepts LLC raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 34.4% in the first quarter. Integrated Wealth Concepts LLC now owns 23,017 shares of the company’s stock worth $375,000 after buying an additional 5,890 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.1% in the 1st quarter. NewEdge Advisors LLC now owns 65,514 shares of the company’s stock valued at $1,069,000 after acquiring an additional 4,915 shares during the period. Jane Street Group LLC raised its stake in Invesco BulletShares 2031 Corporate Bond ETF by 343.5% in the 1st quarter. Jane Street Group LLC now owns 159,961 shares of the company’s stock worth $2,609,000 after acquiring an additional 123,893 shares during the last quarter. Cetera Investment Advisers lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 54.5% during the 2nd quarter. Cetera Investment Advisers now owns 39,268 shares of the company’s stock worth $649,000 after acquiring an additional 13,845 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 11,403.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 261,471 shares of the company’s stock worth $4,322,000 after acquiring an additional 259,198 shares during the period.

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.