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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 312,204 shares, a decline of 46.2% from the April 30th total of 580,120 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 490,654 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 22.5% during the third quarter. Jones Financial Companies Lllp now owns 374,594 shares of the company’s stock worth $6,241,000 after purchasing an additional 68,822 shares in the last quarter. BCS Wealth Management raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 116.8% during the 4th quarter. BCS Wealth Management now owns 620,872 shares of the company’s stock valued at $10,365,000 after buying an additional 334,466 shares during the period. Kirr Marbach & Co. LLC IN acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth approximately $7,796,000. Asset Dedication LLC lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 23.4% during the 4th quarter. Asset Dedication LLC now owns 496,329 shares of the company’s stock worth $8,286,000 after acquiring an additional 94,091 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 2.8% in the 4th quarter. Avior Wealth Management LLC now owns 2,714,473 shares of the company’s stock worth $45,318,000 after acquiring an additional 73,283 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of BSCV stock traded down $0.03 during mid-day trading on Monday, hitting $16.39. 18,337 shares of the company’s stock were exchanged, compared to its average volume of 582,195. Invesco BulletShares 2031 Corporate Bond ETF has a fifty-two week low of $16.23 and a fifty-two week high of $17.04. The stock has a 50-day simple moving average of $16.46 and a two-hundred day simple moving average of $16.61.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a dividend of $0.066 per share. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, May 18th.

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.