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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 284,489 shares, a decline of 41.7% from the June 30th total of 487,721 shares. Based on an average daily trading volume, of 413,366 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BSCV. Ironwood Wealth Management LLC. grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2.2% during the first quarter. Ironwood Wealth Management LLC. now owns 32,410 shares of the company’s stock valued at $533,000 after purchasing an additional 700 shares during the last quarter. Apella Capital LLC raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 1.9% in the 2nd quarter. Apella Capital LLC now owns 47,485 shares of the company’s stock worth $777,000 after purchasing an additional 898 shares during the last quarter. Independence Bank of Kentucky lifted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 1.3% during the 4th quarter. Independence Bank of Kentucky now owns 76,281 shares of the company’s stock worth $1,274,000 after buying an additional 973 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 5.4% during the 4th quarter. Capital Investment Advisors LLC now owns 19,210 shares of the company’s stock worth $321,000 after buying an additional 982 shares in the last quarter. Finally, G2 Capital Management LLC OH boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 1.1% in the 4th quarter. G2 Capital Management LLC OH now owns 88,164 shares of the company’s stock valued at $1,472,000 after buying an additional 1,000 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.2%

BSCV stock traded down $0.03 on Friday, reaching $16.21. 97,971 shares of the company’s stock were exchanged, compared to its average volume of 540,515. The stock has a fifty day moving average of $16.35 and a 200-day moving average of $16.50. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $16.16 and a twelve month high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a $0.065 dividend. The ex-dividend date was Monday, July 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

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.