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 during the month of June. As of June 30th, there was short interest totaling 487,721 shares, an increase of 147.4% from the June 15th total of 197,103 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 433,069 shares, the short-interest ratio is currently 1.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC grew its stake in shares of Invesco BulletShares 2031 Corporate Bond ETF by 34.4% during the first quarter. Integrated Wealth Concepts LLC now owns 23,017 shares of the company’s stock valued at $375,000 after acquiring an additional 5,890 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Invesco BulletShares 2031 Corporate Bond ETF by 8.1% in the first quarter. NewEdge Advisors LLC now owns 65,514 shares of the company’s stock valued at $1,069,000 after buying an additional 4,915 shares during the last quarter. Jane Street Group LLC grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 343.5% in the 1st quarter. Jane Street Group LLC now owns 159,961 shares of the company’s stock worth $2,609,000 after purchasing an additional 123,893 shares during the last quarter. Cetera Investment Advisers grew its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 54.5% in the 2nd quarter. Cetera Investment Advisers now owns 39,268 shares of the company’s stock worth $649,000 after buying an additional 13,845 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 11,403.3% during the second quarter. JPMorgan Chase & Co. now owns 261,471 shares of the company’s stock valued at $4,322,000 after purchasing an additional 259,198 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.3%

Invesco BulletShares 2031 Corporate Bond ETF stock traded up $0.05 during midday trading on Tuesday, reaching $16.32. 31,862 shares of the company were exchanged, compared to its average volume of 547,750. The firm’s 50-day simple moving average is $16.39 and its 200-day simple moving average is $16.54. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $16.23 and a 1 year high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a dividend of $0.0641 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, June 22nd.

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