Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Up 45.0% in January

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the target of a significant increase in short interest in 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 trading volume, of 390,900 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at $55,330,000. Aptus Capital Advisors LLC increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 37.7% in the third quarter. Aptus Capital Advisors LLC now owns 2,438,652 shares of the company’s stock valued at $40,652,000 after acquiring an additional 667,135 shares during the last quarter. Raymond James & Associates raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 8.3% during the third quarter. Raymond James & Associates now owns 2,019,829 shares of the company’s stock valued at $33,671,000 after purchasing an additional 154,516 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 119,374.8% in the 4th quarter. Avior Wealth Management LLC now owns 1,998,814 shares of the company’s stock worth $32,081,000 after purchasing an additional 1,997,141 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,648,304 shares of the company’s stock valued at $26,455,000 after purchasing an additional 131,593 shares during the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCV opened at $16.19 on Friday. The stock’s 50-day simple moving average is $16.10 and its two-hundred day simple moving average is $16.32. Invesco BulletShares 2031 Corporate Bond ETF has a twelve month low of $15.57 and a twelve month high of $17.16.

Invesco BulletShares 2031 Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.0608 dividend. The ex-dividend date 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.