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

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Novare Capital Management LLC grew its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11.0% in the third quarter. Novare Capital Management LLC now owns 125,789 shares of the company’s stock valued at $2,097,000 after purchasing an additional 12,444 shares during the last quarter. Independence Bank of Kentucky increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 4.3% in the 3rd quarter. Independence Bank of Kentucky now owns 59,755 shares of the company’s stock worth $996,000 after buying an additional 2,454 shares during the period. Waycross Investment Management Co bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth approximately $6,771,000. Sanctuary Advisors LLC acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the second quarter worth approximately $3,824,000. Finally, Truist Financial Corp bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the second quarter valued at approximately $272,000.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.4 %

Invesco BulletShares 2031 Corporate Bond ETF stock traded up $0.06 during trading hours on Tuesday, reaching $16.54. 200,980 shares of the company were exchanged, compared to its average volume of 174,597. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $14.78 and a 12 month high of $17.85. The stock has a 50-day moving average of $16.57 and a 200 day moving average of $16.19.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.064 per share. This represents a $0.77 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Monday, September 23rd.

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.