Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Down 18.1% in September

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 127,700 shares, a drop of 18.1% from the September 15th total of 155,900 shares. Based on an average daily volume of 264,600 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Davis Capital Management grew its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2,463.2% in the 1st quarter. Davis Capital Management now owns 2,435 shares of the company’s stock worth $39,000 after purchasing an additional 2,340 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1,097.2% during the second quarter. Strategic Financial Concepts LLC now owns 350,742 shares of the company’s stock worth $56,000 after buying an additional 321,445 shares in the last quarter. Key Financial Inc bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the second quarter valued at approximately $73,000. Horizons Wealth Management bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the second quarter valued at approximately $86,000. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.5% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 9,213 shares of the company’s stock worth $149,000 after acquiring an additional 724 shares in the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.4 %

NASDAQ BSCV traded up $0.06 during trading on Tuesday, reaching $16.54. 200,980 shares of the company traded hands, compared to its average volume of 174,597. Invesco BulletShares 2031 Corporate Bond ETF has a 1-year low of $14.78 and a 1-year high of $17.85. The stock’s 50 day moving average price is $16.57 and its two-hundred day moving average price is $16.19.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.064 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date was Monday, September 23rd.

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.