Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Large Increase in Short Interest

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 201,800 shares, an increase of 45.0% from the January 15th total of 139,200 shares. Based on an average daily volume of 390,900 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCV. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter worth approximately $26,000. JPMorgan Chase & Co. purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at approximately $33,000. Wingate Wealth Advisors Inc. purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at approximately $85,000. Harbour Investments Inc. increased its stake 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 valued at $121,000 after purchasing an additional 7,361 shares in the last quarter. Finally, Pinnacle Bancorp Inc. purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at approximately $135,000.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCV opened at $16.14 on Friday. The business has a 50-day moving average price of $16.11 and a 200 day moving average price of $16.32. Invesco BulletShares 2031 Corporate Bond ETF has a 52-week low of $15.57 and a 52-week high of $17.16.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were paid a dividend of $0.0608 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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.