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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw 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. Based on an average daily volume of 467,383 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are sold short.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

NASDAQ:BSCV opened at $16.31 on Thursday. The firm has a 50 day simple moving average of $16.33 and a 200-day simple moving average of $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 company also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a $0.065 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, July 20th. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 34.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 23,017 shares of the company’s stock valued at $375,000 after purchasing an additional 5,890 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.1% in the first quarter. NewEdge Advisors LLC now owns 65,514 shares of the company’s stock valued at $1,069,000 after buying an additional 4,915 shares in the last quarter. Jane Street Group LLC grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 343.5% in the first quarter. Jane Street Group LLC now owns 159,961 shares of the company’s stock valued at $2,609,000 after acquiring an additional 123,893 shares in the last quarter. Cetera Investment Advisers increased its stake 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 buying an additional 13,845 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11,403.3% during the second quarter. JPMorgan Chase & Co. now owns 261,471 shares of the company’s stock valued at $4,322,000 after acquiring an additional 259,198 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.