Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Grows By 31.7%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 102,043 shares, an increase of 31.7% from the February 26th total of 77,482 shares. Based on an average daily volume of 563,678 shares, the short-interest 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

A number of institutional investors and hedge funds have recently modified their holdings of BSCV. Aptus Capital Advisors LLC grew its holdings in shares of Invesco BulletShares 2031 Corporate Bond ETF by 5.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 10,453,481 shares of the company’s stock worth $174,521,000 after acquiring an additional 541,413 shares during the last quarter. Morgan Stanley lifted its holdings in shares of 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 valued at $102,328,000 after purchasing an additional 2,096,838 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of 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 purchasing an additional 276,360 shares during the last quarter. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 4.2% in the 4th quarter. LPL Financial LLC now owns 3,683,355 shares of the company’s stock valued at $61,494,000 after purchasing an additional 149,128 shares during the period. Finally, Avior Wealth Management LLC boosted its position in shares of Invesco BulletShares 2031 Corporate Bond ETF by 2.8% in the 4th quarter. Avior Wealth Management LLC now owns 2,714,473 shares of the company’s stock valued at $45,318,000 after purchasing an additional 73,283 shares during the period.

Invesco BulletShares 2031 Corporate Bond ETF Price Performance

Shares of BSCV opened at $16.32 on Monday. The firm’s 50 day moving average is $16.65 and its 200-day moving average is $16.69. Invesco BulletShares 2031 Corporate Bond ETF has a 12-month low of $15.84 and a 12-month high of $17.06.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.0623 dividend. This represents a c) annualized dividend and a yield of 4.6%. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, March 23rd.

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.