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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at approximately $33,000. Wingate Wealth Advisors Inc. bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter worth approximately $85,000. EP Wealth Advisors LLC bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter worth approximately $100,000. Harbour Investments Inc. boosted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 4,407.8% in the 4th quarter. Harbour Investments Inc. now owns 7,528 shares of the company’s stock worth $121,000 after buying an additional 7,361 shares during the period. Finally, Pinnacle Bancorp Inc. bought a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter worth approximately $135,000.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.1 %

NASDAQ:BSCV opened at $16.23 on Tuesday. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $15.57 and a 52 week high of $17.16. The firm has a 50-day moving average price of $16.15 and a two-hundred day moving average price of $16.29.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently announced 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. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, February 24th.

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.