Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Significant Growth in Short Interest

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 265,400 shares, a growth of 42.9% from the September 30th total of 185,700 shares. Based on an average daily volume of 342,900 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 342,900 shares, the days-to-cover ratio is currently 0.8 days.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.1%

NASDAQ:BSCV opened at $16.66 on Wednesday. The firm’s fifty day moving average is $16.73 and its 200-day moving average is $16.51. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $15.84 and a 52 week high of $17.06.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 24th. Shareholders of record on Monday, October 20th were paid a $0.0643 dividend. The ex-dividend date of this dividend was Monday, October 20th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Atlantic Union Bankshares Corp increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 18.1% during the third quarter. Atlantic Union Bankshares Corp now owns 1,957,816 shares of the company’s stock worth $32,656,000 after buying an additional 299,361 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 22.5% during the third quarter. Jones Financial Companies Lllp now owns 374,594 shares of the company’s stock worth $6,241,000 after purchasing an additional 68,822 shares during the period. Truist Financial Corp boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 8.3% during the third quarter. Truist Financial Corp now owns 39,193 shares of the company’s stock worth $654,000 after purchasing an additional 3,012 shares during the period. Novare Capital Management LLC raised its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 17.2% in the third quarter. Novare Capital Management LLC now owns 178,506 shares of the company’s stock valued at $2,977,000 after purchasing an additional 26,245 shares during the period. Finally, Straight Path Wealth Management raised its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 22.2% in the third quarter. Straight Path Wealth Management now owns 226,815 shares of the company’s stock valued at $3,783,000 after purchasing an additional 41,137 shares during the period.

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.