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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 49,900 shares, a drop of 69.4% from the March 31st total of 163,200 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 306,600 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCV. JPMorgan Chase & Co. acquired a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at $33,000. Wingate Wealth Advisors Inc. acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at $85,000. EP Wealth Advisors LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth about $100,000. Harbour Investments Inc. lifted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 4,407.8% during the 4th quarter. Harbour Investments Inc. now owns 7,528 shares of the company’s stock worth $121,000 after buying an additional 7,361 shares during the last quarter. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth about $135,000.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.3 %

Shares of BSCV opened at $16.34 on Tuesday. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $15.65 and a 1 year high of $17.16. The stock has a 50-day simple moving average of $16.24 and a 200-day simple moving average of $16.20.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 21st were paid a $0.0649 dividend. The ex-dividend date was Monday, April 21st. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous dividend of $0.06.

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.