Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Large Drop in Short Interest

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 177,400 shares, a decrease of 14.8% from the October 15th total of 208,100 shares. Based on an average daily volume of 269,000 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ BSCV traded up $0.02 during trading hours on Friday, hitting $16.18. The stock had a trading volume of 260,423 shares, compared to its average volume of 183,510. The firm’s 50-day moving average price is $16.48 and its two-hundred day moving average price is $16.27. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $15.50 and a 52 week high of $17.85.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a dividend of $0.066 per share. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, October 21st. This represents a $0.79 annualized dividend and a dividend yield of 4.89%.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCV. Goepper Burkhardt LLC raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 71.8% during the first quarter. Goepper Burkhardt LLC now owns 28,000 shares of the company’s stock valued at $444,000 after buying an additional 11,700 shares in the last quarter. Atria Investments Inc acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF during the first quarter valued at approximately $3,736,000. Cetera Advisors LLC raised its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 137.8% in the first quarter. Cetera Advisors LLC now owns 49,870 shares of the company’s stock valued at $804,000 after purchasing an additional 28,897 shares during the period. Butensky & Cohen Financial Security Inc. lifted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 6.5% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 66,878 shares of the company’s stock worth $1,067,000 after buying an additional 4,111 shares during the last quarter. Finally, Sax Wealth Advisors LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 2nd quarter worth $272,000.

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.