Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Expands By 219.3%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 237,900 shares, a growth of 219.3% from the August 15th total of 74,500 shares. Based on an average daily volume of 202,200 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Large investors have recently modified their holdings of the business. Davis Capital Management grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2,463.2% in the first quarter. Davis Capital Management now owns 2,435 shares of the company’s stock valued at $39,000 after purchasing an additional 2,340 shares during the last quarter. YHB Investment Advisors Inc. acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the first quarter valued at approximately $42,000. Key Financial Inc acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the second quarter worth approximately $73,000. Horizons Wealth Management acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the second quarter worth approximately $86,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 8.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 9,213 shares of the company’s stock worth $149,000 after acquiring an additional 724 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.2 %

Shares of BSCV stock traded up $0.04 during trading hours on Friday, hitting $16.75. The company’s stock had a trading volume of 166,903 shares, compared to its average volume of 152,790. The business has a fifty day moving average of $16.39 and a 200-day moving average of $16.11. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $14.78 and a twelve month high of $17.85.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were given a $0.067 dividend. The ex-dividend date was Monday, August 19th. This represents a $0.80 annualized dividend and a dividend yield of 4.80%.

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.