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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 55,100 shares, a drop of 70.7% from the December 15th total of 188,300 shares. Based on an average daily trading volume, of 358,200 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Invesco BulletShares 2031 Corporate Bond ETF stock traded down $0.02 during midday trading on Monday, hitting $15.87. The company’s stock had a trading volume of 196,530 shares, compared to its average volume of 395,194. Invesco BulletShares 2031 Corporate Bond ETF has a 1-year low of $15.57 and a 1-year high of $17.80. The company has a 50-day moving average price of $16.18 and a two-hundred day moving average price of $16.33.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.062 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth about $26,000. Benjamin F. Edwards & Company Inc. increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 24.9% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 11,509 shares of the company’s stock valued at $184,000 after buying an additional 2,296 shares during the period. Benjamin Edwards Inc. bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $194,000. Ironwood Wealth Management LLC. increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 27.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 14,650 shares of the company’s stock valued at $234,000 after buying an additional 3,145 shares during the period. Finally, Gladstone Institutional Advisory LLC increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 34.1% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 14,625 shares of the company’s stock valued at $244,000 after buying an additional 3,723 shares during the period.

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.