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 the month of January. As of January 15th, there was short interest totaling 111,201 shares, a decline of 62.8% from the December 31st total of 298,881 shares. Based on an average daily volume of 596,827 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 596,827 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Angeles Wealth Management LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the second quarter valued at $39,000. Farther Finance Advisors LLC boosted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 248.4% in the fourth quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock worth $41,000 after buying an additional 1,739 shares during the last quarter. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the third quarter worth about $53,000. Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth about $92,000. Finally, PNC Financial Services Group Inc. raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 100.8% during the third quarter. PNC Financial Services Group Inc. now owns 6,045 shares of the company’s stock valued at $101,000 after acquiring an additional 3,034 shares in the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:BSCV opened at $16.64 on Thursday. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $15.84 and a twelve month high of $17.06. The company’s 50 day moving average is $16.70 and its 200 day moving average is $16.67.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a $0.0624 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.