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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 474,713 shares, a decrease of 38.2% from the September 30th total of 767,868 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 671,095 shares, the days-to-cover ratio is presently 0.7 days.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.3%

Shares of Invesco BulletShares 2031 Corporate Bond ETF stock opened at $15.98 on Friday. The business’s 50 day simple moving average is $15.96 and its 200-day simple moving average is $16.35. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $15.73 and a twelve month high of $16.82.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were paid a dividend of $0.0650 per share. This represents a $0.78 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Monday, October 19th. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0634.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. Eastern Bank bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at $32,000. Ascentis Independent Advisors acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the first quarter valued at $35,000. Davis Capital Management bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth about $57,000. Sarver Vrooman Wealth Advisors bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth about $71,000. Finally, Marquette Asset Management LLC bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth about $89,000.

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.