Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Down 80.8% in February

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 77,482 shares, a decline of 80.8% from the February 12th total of 402,856 shares. Based on an average daily volume of 418,343 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 418,343 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.4%

NASDAQ:BSCV traded down $0.06 during mid-day trading on Thursday, reaching $16.53. 296,496 shares of the stock were exchanged, compared to its average volume of 540,833. The company has a 50 day simple moving average of $16.71 and a 200-day simple moving average of $16.71. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $15.84 and a 1 year high of $17.06.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a $0.0621 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, February 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of BSCV. Tempo Wealth LLC purchased a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at $230,000. Coastline Complete Wealth LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter worth $307,000. Invesco Ltd. increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 5.2% in the fourth quarter. Invesco Ltd. now owns 2,004,761 shares of the company’s stock valued at $33,469,000 after purchasing an additional 98,632 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 2,342.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 574,549 shares of the company’s stock valued at $9,592,000 after purchasing an additional 551,028 shares during the period. Finally, Beacon Pointe Advisors LLC raised its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 165.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 54,811 shares of the company’s stock valued at $915,000 after buying an additional 34,185 shares during the last quarter.

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. BSCV was launched on Sep 15, 2021 and is managed by Invesco.