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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 770,008 shares, an increase of 81.9% from the July 30th total of 423,307 shares. Based on an average daily volume of 417,719 shares, the short-interest ratio is presently 1.8 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. AlphaCore Capital LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth approximately $33,000. Ascentis Independent Advisors bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the first quarter valued at $35,000. Farther Finance Advisors LLC lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock worth $41,000 after purchasing an additional 1,739 shares during the period. Laurel Wealth Advisors LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter worth $50,000. Finally, Advisory Services Network LLC bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the third quarter worth $92,000.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

NASDAQ:BSCV traded down $0.01 on Monday, hitting $16.17. The company had a trading volume of 212,979 shares, compared to its average volume of 525,993. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $16.16 and a 52 week high of $17.04. The firm has a 50 day moving average of $16.30 and a two-hundred day moving average of $16.44.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a dividend of $0.0672 per share. The ex-dividend date of this dividend was Monday, August 24th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.