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

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

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

NASDAQ:BSCV traded down $0.06 during mid-day trading on Tuesday, hitting $16.43. 524,506 shares of the company’s stock traded hands, compared to its average volume of 563,398. The firm’s 50 day simple moving average is $16.53 and its 200 day simple moving average is $16.64. Invesco BulletShares 2031 Corporate Bond ETF has a 1 year low of $16.12 and a 1 year high of $17.04.

Invesco BulletShares 2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were paid a $0.0632 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, April 20th. This is a positive change from Invesco BulletShares 2031 Corporate Bond ETF’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSCV. AlphaCore Capital LLC acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF in the 4th quarter valued at $33,000. Ascentis Independent Advisors acquired a new position in Invesco BulletShares 2031 Corporate Bond ETF in the first quarter valued at $35,000. Farther Finance Advisors LLC lifted its position in Invesco BulletShares 2031 Corporate Bond ETF by 248.4% during the fourth quarter. Farther Finance Advisors LLC now owns 2,439 shares of the company’s stock worth $41,000 after buying an additional 1,739 shares during the period. Laurel Wealth Advisors LLC purchased a new position in Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth about $50,000. Finally, Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2031 Corporate Bond ETF in the 3rd quarter worth about $92,000.

About Invesco BulletShares 2031 Corporate Bond ETF

(Get Free Report)

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.

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