Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Sees Significant Growth in Short Interest

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a large 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. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 627,982 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

BSCV traded up $0.04 during mid-day trading on Friday, reaching $16.64. 17,095 shares of the stock were exchanged, compared to its average volume of 553,221. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $16.08 and a 1 year high of $17.06. The company has a 50 day moving average price of $16.61 and a two-hundred day moving average price of $16.67.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.0623 per share. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 4.5%. This is an increase from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Aptus Capital Advisors LLC boosted its position in Invesco BulletShares 2031 Corporate Bond ETF by 5.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 10,453,481 shares of the company’s stock worth $174,521,000 after purchasing an additional 541,413 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 52.0% in the 4th quarter. Morgan Stanley now owns 6,129,247 shares of the company’s stock worth $102,328,000 after buying an additional 2,096,838 shares during the last quarter. Raymond James Financial Inc. grew its position in Invesco BulletShares 2031 Corporate Bond ETF by 8.0% during the third quarter. Raymond James Financial Inc. now owns 3,744,829 shares of the company’s stock valued at $62,464,000 after buying an additional 276,360 shares during the period. LPL Financial LLC increased its holdings in Invesco BulletShares 2031 Corporate Bond ETF by 4.2% during the fourth quarter. LPL Financial LLC now owns 3,683,355 shares of the company’s stock worth $61,494,000 after buying an additional 149,128 shares during the last quarter. Finally, Avior Wealth Management LLC raised its position in Invesco BulletShares 2031 Corporate Bond ETF by 2.8% in the fourth quarter. Avior Wealth Management LLC now owns 2,714,473 shares of the company’s stock worth $45,318,000 after acquiring an additional 73,283 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Company Profile

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.