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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 487,721 shares, an increase of 147.4% from the June 15th total of 197,103 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 433,069 shares, the days-to-cover ratio is currently 1.1 days.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCV traded up $0.05 on Tuesday, reaching $16.32. The company had a trading volume of 31,862 shares, compared to its average volume of 547,750. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $16.23 and a twelve month high of $17.04. The stock has a 50-day moving average price of $16.39 and a 200 day moving average price of $16.54.

Invesco BulletShares 2031 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.0641 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Butensky & Cohen Financial Security Inc. grew its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 5.4% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 98,384 shares of the company’s stock valued at $1,612,000 after purchasing an additional 4,999 shares during the last quarter. Whitener Capital Management Inc. lifted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 20.6% in the second quarter. Whitener Capital Management Inc. now owns 22,042 shares of the company’s stock worth $361,000 after buying an additional 3,760 shares during the last quarter. Sax Wealth Advisors LLC lifted its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 32.9% in the second quarter. Sax Wealth Advisors LLC now owns 37,325 shares of the company’s stock worth $614,000 after buying an additional 9,235 shares during the last quarter. Oliver Luxxe Assets LLC boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 53.1% during the 2nd quarter. Oliver Luxxe Assets LLC now owns 92,889 shares of the company’s stock worth $1,522,000 after buying an additional 32,224 shares during the period. Finally, Everpar Advisors LLC boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 12.7% during the 2nd quarter. Everpar Advisors LLC now owns 90,601 shares of the company’s stock worth $1,485,000 after buying an additional 10,188 shares during the period.

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.