Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Decreases By 62.8%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a significant decline in short interest during 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. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 596,827 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 596,827 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of BSCV opened at $16.66 on Wednesday. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $15.84 and a 1 year high of $17.06. The company’s 50 day simple moving average is $16.70 and its 200 day simple moving average is $16.67.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Everpar Advisors LLC increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 125.4% during the 3rd quarter. Everpar Advisors LLC now owns 68,571 shares of the company’s stock worth $1,144,000 after purchasing an additional 38,146 shares in the last quarter. AMJ Financial Wealth Management lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 1.0% during the second quarter. AMJ Financial Wealth Management now owns 603,837 shares of the company’s stock valued at $9,981,000 after buying an additional 6,202 shares in the last quarter. Apeiron RIA LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $886,000. Janney Montgomery Scott LLC increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11.4% in the second quarter. Janney Montgomery Scott LLC now owns 589,776 shares of the company’s stock worth $9,749,000 after acquiring an additional 60,413 shares in the last quarter. Finally, Addison Advisors LLC increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 5.7% in the second quarter. Addison Advisors LLC now owns 297,073 shares of the company’s stock worth $4,911,000 after acquiring an additional 15,900 shares in the last quarter.

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.