Short Interest in Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) Expands By 745.8%

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 580,120 shares, an increase of 745.8% from the April 15th total of 68,587 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 675,080 shares, the short-interest ratio is presently 0.9 days.

Invesco BulletShares 2031 Corporate Bond ETF Trading Up 0.1%

Invesco BulletShares 2031 Corporate Bond ETF stock opened at $16.45 on Thursday. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $16.12 and a 1 year high of $17.04. The firm’s 50 day moving average price is $16.52 and its 200-day moving average price is $16.64.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company 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. The ex-dividend date was Monday, April 20th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BSCV. Morgan Stanley grew its position 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 in the last quarter. TruWealth Advisors LLC bought a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF during the 4th quarter valued at approximately $21,322,000. Stifel Financial Corp grew 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 grew 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 grew 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.

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.