Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Update

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 487,721 shares, a growth of 147.4% from the June 15th total of 197,103 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 433,069 shares, the days-to-cover ratio is currently 1.1 days.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

BSCV remained flat at $16.36 during trading on Thursday. 32,843 shares of the company’s stock traded hands, compared to its average volume of 544,733. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $16.23 and a 1 year high of $17.04. The firm’s fifty day moving average price is $16.39 and its 200 day moving average price is $16.54.

Invesco BulletShares 2031 Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.0641 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) annualized dividend and a yield of 4.7%.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Ironwood Wealth Management LLC. raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2.2% in the first quarter. Ironwood Wealth Management LLC. now owns 32,410 shares of the company’s stock valued at $533,000 after purchasing an additional 700 shares during the last quarter. Apella Capital LLC boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 1.9% during the second quarter. Apella Capital LLC now owns 47,485 shares of the company’s stock worth $777,000 after purchasing an additional 898 shares during the last quarter. Independence Bank of Kentucky boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 1.3% during the fourth quarter. Independence Bank of Kentucky now owns 76,281 shares of the company’s stock worth $1,274,000 after purchasing an additional 973 shares during the last quarter. Capital Investment Advisors LLC grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 5.4% in the 4th quarter. Capital Investment Advisors LLC now owns 19,210 shares of the company’s stock worth $321,000 after purchasing an additional 982 shares in the last quarter. Finally, G2 Capital Management LLC OH grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 1.1% in the 4th quarter. G2 Capital Management LLC OH now owns 88,164 shares of the company’s stock worth $1,472,000 after purchasing an additional 1,000 shares in the last quarter.

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