Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Declines By 70.7%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 55,100 shares, a drop of 70.7% from the December 15th total of 188,300 shares. Based on an average daily trading volume, of 358,200 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. G2 Capital Management LLC OH lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 1.2% in the 3rd quarter. G2 Capital Management LLC OH now owns 83,111 shares of the company’s stock valued at $1,385,000 after purchasing an additional 999 shares during the last quarter. Sigma Investment Counselors Inc. increased its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 6.6% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 18,066 shares of the company’s stock worth $301,000 after acquiring an additional 1,118 shares during the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at $26,000. Benjamin F. Edwards & Company Inc. lifted its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 24.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 11,509 shares of the company’s stock valued at $184,000 after purchasing an additional 2,296 shares during the last quarter. Finally, Waycross Investment Management Co boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 0.6% during the fourth quarter. Waycross Investment Management Co now owns 408,532 shares of the company’s stock worth $6,557,000 after purchasing an additional 2,353 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Stock Down 0.1 %

BSCV stock traded down $0.01 during mid-day trading on Tuesday, reaching $15.86. The company had a trading volume of 117,479 shares, compared to its average volume of 373,445. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $15.57 and a 52 week high of $17.80. The stock has a 50 day simple moving average of $16.17 and a two-hundred day simple moving average of $16.33.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.062 per share. The ex-dividend date was Monday, December 23rd.

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.