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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 312,204 shares, a decline of 46.2% from the April 30th total of 580,120 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 490,654 shares, the days-to-cover ratio is currently 0.6 days.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

NASDAQ BSCV traded down $0.03 during trading hours on Monday, reaching $16.39. The company’s stock had a trading volume of 18,337 shares, compared to its average volume of 582,195. The company’s 50-day moving average is $16.46 and its two-hundred day moving average is $16.61. Invesco BulletShares 2031 Corporate Bond ETF has a fifty-two week low of $16.23 and a fifty-two week 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, May 22nd. Stockholders of record on Monday, May 18th were issued a $0.066 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, May 18th.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

A number of large investors have recently made changes to their positions in BSCV. AlphaCore Capital LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at about $33,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter worth about $35,000. Farther Finance Advisors LLC grew 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 buying an additional 1,739 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at approximately $50,000. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the third quarter valued at approximately $92,000.

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.