Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Shares Shorted: Short Interest Up 217.0% in September

by · The Cerbat Gem

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 767,868 shares, an increase of 217.0% from the September 15th total of 242,196 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 744,124 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Eastern Bank purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the 3rd quarter valued at about $32,000. Ascentis Independent Advisors bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 1st quarter valued at about $35,000. Davis Capital Management bought a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter valued at about $57,000. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth approximately $71,000. Finally, Marquette Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth approximately $89,000.

Invesco BulletShares 2031 Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ BSCV traded down $0.01 during midday trading on Tuesday, hitting $15.85. The company’s stock had a trading volume of 141,238 shares, compared to its average volume of 542,364. The business’s 50 day moving average is $16.07 and its two-hundred day moving average is $16.29. Invesco BulletShares 2031 Corporate Bond ETF has a 12-month low of $15.73 and a 12-month high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a $0.0634 dividend. This is a drop from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.0672. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.76 annualized dividend and a yield of 4.8%.

About Invesco BulletShares 2031 Corporate Bond ETF

(Get Free Report)

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.

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