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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 68,587 shares, a decrease of 48.5% from the March 31st total of 133,181 shares. Based on an average trading volume of 460,096 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Invesco BulletShares 2031 Corporate Bond ETF

A number of hedge funds have recently modified their holdings of BSCV. Morgan Stanley lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 52.0% in the fourth quarter. Morgan Stanley now owns 6,129,247 shares of the company’s stock valued at $102,328,000 after purchasing an additional 2,096,838 shares in the last quarter. TruWealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at $21,322,000. Stifel Financial Corp lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 696.8% in the fourth quarter. Stifel Financial Corp now owns 1,192,130 shares of the company’s stock valued at $19,903,000 after purchasing an additional 1,042,509 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 1,561.8% in the fourth quarter. Focus Partners Wealth now owns 838,452 shares of the company’s stock valued at $13,998,000 after purchasing an additional 787,997 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 8.2% in the third quarter. Aptus Capital Advisors LLC now owns 9,912,068 shares of the company’s stock valued at $165,333,000 after purchasing an additional 752,732 shares in the last quarter.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCV traded down $0.04 on Wednesday, reaching $16.45. 64,629 shares of the company traded hands, compared to its average volume of 553,376. Invesco BulletShares 2031 Corporate Bond ETF has a fifty-two week low of $16.12 and a fifty-two week high of $17.06. The company’s 50 day moving average is $16.57 and its 200-day moving average is $16.66.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were given a dividend of $0.0632 per share. This is a boost from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, April 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.