Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Large Decline in Short Interest

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 170,500 shares, a decline of 15.5% from the January 31st total of 201,800 shares. Based on an average daily volume of 390,900 shares, the short-interest ratio is currently 0.4 days.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.2 %

Shares of BSCV stock traded down $0.04 on Thursday, reaching $16.29. The company’s stock had a trading volume of 70,037 shares, compared to its average volume of 249,778. Invesco BulletShares 2031 Corporate Bond ETF has a 12-month low of $15.57 and a 12-month high of $17.16. The stock’s 50 day simple moving average is $16.12 and its 200-day simple moving average is $16.31.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were given a dividend of $0.0629 per share. The ex-dividend date was Monday, February 24th. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous dividend of $0.06.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BSCV. Aptus Capital Advisors LLC lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 176.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 6,749,178 shares of the company’s stock valued at $108,324,000 after purchasing an additional 4,310,526 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at $55,330,000. Avior Wealth Management LLC lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 119,374.8% during the 4th quarter. Avior Wealth Management LLC now owns 1,998,814 shares of the company’s stock worth $32,081,000 after acquiring an additional 1,997,141 shares during the last quarter. Wells Fargo & Company MN grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 8.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,648,304 shares of the company’s stock worth $26,455,000 after acquiring an additional 131,593 shares in the last quarter. Finally, LPL Financial LLC increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 11.6% in the fourth quarter. LPL Financial LLC now owns 1,599,385 shares of the company’s stock valued at $25,670,000 after acquiring an additional 165,711 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.