Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Up 81.9% in August

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of 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 trading volume, of 417,719 shares, the short-interest ratio is currently 1.8 days. Approximately 0.7% of the company’s shares are short sold.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.4%

Shares of NASDAQ BSCV traded down $0.06 on Friday, reaching $16.18. 409,821 shares of the company traded hands, compared to its average volume of 528,146. The company has a 50 day moving average of $16.30 and a 200 day moving average of $16.45. Invesco BulletShares 2031 Corporate Bond ETF has a fifty-two week low of $16.16 and a fifty-two week high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. AlphaCore Capital LLC acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter worth $33,000. Ascentis Independent Advisors purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 1st quarter worth $35,000. Farther Finance Advisors LLC boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the 4th 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 acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at $50,000. Finally, Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $92,000.

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.