Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Update

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 284,489 shares, a decline of 41.7% from the June 30th total of 487,721 shares. Based on an average daily trading volume, of 413,366 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

NASDAQ BSCV traded up $0.01 during mid-day trading on Thursday, reaching $16.24. 80,475 shares of the company’s stock traded hands, compared to its average volume of 541,630. The company has a fifty day simple moving average of $16.36 and a 200-day simple moving average of $16.51. Invesco BulletShares 2031 Corporate Bond ETF has a 1-year low of $16.16 and a 1-year high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a $0.065 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, July 20th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 34.4% in the first quarter. Integrated Wealth Concepts LLC now owns 23,017 shares of the company’s stock valued at $375,000 after purchasing an additional 5,890 shares during the period. NewEdge Advisors LLC raised its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 8.1% during the first quarter. NewEdge Advisors LLC now owns 65,514 shares of the company’s stock worth $1,069,000 after purchasing an additional 4,915 shares in the last quarter. Jane Street Group LLC lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 343.5% in the first quarter. Jane Street Group LLC now owns 159,961 shares of the company’s stock worth $2,609,000 after purchasing an additional 123,893 shares during the period. Cetera Investment Advisers increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 54.5% during the 2nd quarter. Cetera Investment Advisers now owns 39,268 shares of the company’s stock valued at $649,000 after purchasing an additional 13,845 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11,403.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 261,471 shares of the company’s stock worth $4,322,000 after buying an additional 259,198 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.