Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Decreases By 52.3%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 92,500 shares, a drop of 52.3% from the May 31st total of 193,800 shares. Based on an average trading volume of 118,000 shares, the days-to-cover ratio is presently 0.8 days.

Invesco BulletShares 2031 Corporate Bond ETF Stock Down 0.4 %

Invesco BulletShares 2031 Corporate Bond ETF stock traded down $0.06 during midday trading on Friday, hitting $15.95. 179,277 shares of the stock were exchanged, compared to its average volume of 127,209. The company has a fifty day simple moving average of $15.92 and a two-hundred day simple moving average of $16.05. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $14.78 and a 52 week high of $17.85.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.0688 per share. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.83 annualized dividend and a yield of 5.17%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BSCV. Cetera Advisors LLC lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 137.8% in the first quarter. Cetera Advisors LLC now owns 49,870 shares of the company’s stock valued at $804,000 after buying an additional 28,897 shares in the last quarter. Atria Investments Inc bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the first quarter valued at approximately $3,736,000. Goepper Burkhardt LLC lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 71.8% in the first quarter. Goepper Burkhardt LLC now owns 28,000 shares of the company’s stock valued at $444,000 after buying an additional 11,700 shares in the last quarter. Motley Fool Wealth Management LLC lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 5.3% in the first quarter. Motley Fool Wealth Management LLC now owns 877,044 shares of the company’s stock valued at $14,138,000 after buying an additional 44,410 shares in the last quarter. Finally, AA Financial Advisors LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the first quarter valued at approximately $2,591,000.

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.