Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Short Interest Update

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 133,181 shares, a growth of 30.5% from the March 15th total of 102,043 shares. Based on an average daily volume of 627,982 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSCV. Morgan Stanley increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 52.0% during the fourth quarter. Morgan Stanley now owns 6,129,247 shares of the company’s stock worth $102,328,000 after acquiring an additional 2,096,838 shares during the last quarter. TruWealth Advisors LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth $21,322,000. Stifel Financial Corp increased its stake in Invesco BulletShares 2031 Corporate Bond ETF by 696.8% during the fourth quarter. Stifel Financial Corp now owns 1,192,130 shares of the company’s stock worth $19,903,000 after acquiring an additional 1,042,509 shares during the last quarter. Focus Partners Wealth boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1,561.8% during the fourth quarter. Focus Partners Wealth now owns 838,452 shares of the company’s stock worth $13,998,000 after buying an additional 787,997 shares during the period. Finally, Aptus Capital Advisors LLC boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.2% during the third quarter. Aptus Capital Advisors LLC now owns 9,912,068 shares of the company’s stock worth $165,333,000 after buying an additional 752,732 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

Shares of BSCV remained flat at $16.60 during trading hours on Wednesday. The company had a trading volume of 381,830 shares, compared to its average volume of 546,090. Invesco BulletShares 2031 Corporate Bond ETF has a 52-week low of $16.08 and a 52-week high of $17.06. The stock has a 50-day moving average price of $16.61 and a 200-day moving average price of $16.67.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.0623 dividend. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, March 23rd.

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.