Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Update

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 177,400 shares, a drop of 14.8% from the October 15th total of 208,100 shares. Based on an average daily volume of 269,000 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2031 Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ BSCV traded up $0.02 during midday trading on Friday, reaching $16.18. 260,423 shares of the company traded hands, compared to its average volume of 183,510. The stock’s 50-day simple moving average is $16.48 and its 200-day simple moving average is $16.27. Invesco BulletShares 2031 Corporate Bond ETF has a 12 month low of $15.50 and a 12 month high of $17.85.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were issued a dividend of $0.066 per share. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, October 21st. This represents a $0.79 annualized dividend and a dividend yield of 4.89%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Aptus Capital Advisors LLC raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 37.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 2,438,652 shares of the company’s stock valued at $40,652,000 after purchasing an additional 667,135 shares during the last quarter. Raymond James & Associates increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 8.3% in the 3rd quarter. Raymond James & Associates now owns 2,019,829 shares of the company’s stock valued at $33,671,000 after acquiring an additional 154,516 shares in the last quarter. Eastern Bank increased its position in Invesco BulletShares 2031 Corporate Bond ETF by 2.0% in the 2nd quarter. Eastern Bank now owns 1,885,660 shares of the company’s stock valued at $30,076,000 after acquiring an additional 37,825 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,134,615 shares of the company’s stock worth $18,097,000 after acquiring an additional 16,778 shares during the last quarter. Finally, Atlantic Union Bankshares Corp grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 15.1% during the third quarter. Atlantic Union Bankshares Corp now owns 973,733 shares of the company’s stock valued at $16,230,000 after purchasing an additional 128,015 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.