Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Drops By 20.8%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 135,100 shares, a decrease of 20.8% from the February 13th total of 170,500 shares. Based on an average daily trading volume, of 395,900 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the stock are sold short.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.2 %

NASDAQ BSCV opened at $16.26 on Wednesday. Invesco BulletShares 2031 Corporate Bond ETF has a 1-year low of $15.57 and a 1-year high of $17.16. The company has a 50 day moving average of $16.16 and a 200-day moving average of $16.29.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a $0.0629 dividend. The ex-dividend date was Monday, February 24th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous dividend of $0.06.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Several large investors have recently made changes to their positions in the business. Stifel Financial Corp lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 58.0% during the 3rd quarter. Stifel Financial Corp now owns 55,162 shares of the company’s stock worth $920,000 after buying an additional 20,241 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 3.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 248,336 shares of the company’s stock worth $3,986,000 after acquiring an additional 9,254 shares during the last quarter. Truist Financial Corp lifted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 46.6% during the fourth quarter. Truist Financial Corp now owns 32,003 shares of the company’s stock worth $514,000 after purchasing an additional 10,174 shares in the last quarter. Coordinated Financial Services Inc. acquired a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth approximately $478,000. Finally, Horizons Wealth Management grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 918.6% during the fourth quarter. Horizons Wealth Management now owns 73,583 shares of the company’s stock valued at $1,181,000 after purchasing an additional 66,359 shares during 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.