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

Invesco BulletShares 2031 Corporate Bond ETF (NASDAQ:BSCV) saw a significant 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. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 627,982 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2031 Corporate Bond ETF Stock Performance

BSCV stock remained flat at $16.60 during mid-day trading on Wednesday. The company’s stock had a trading volume of 381,830 shares, compared to its average volume of 546,090. The firm has a 50-day moving average of $16.61 and a 200 day moving average of $16.67. Invesco BulletShares 2031 Corporate Bond ETF has a 52 week low of $16.08 and a 52 week 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 dividend of $0.0623 per share. This is an increase 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 yield of 4.5%. The ex-dividend date was Monday, March 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2031 Corporate Bond ETF

Hedge funds have recently bought and sold shares of the business. AlphaCore Capital LLC purchased a new position in shares of Invesco BulletShares 2031 Corporate Bond ETF in the fourth quarter valued at approximately $33,000. Farther Finance Advisors LLC increased its position in shares of 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 purchasing an additional 1,739 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the fourth quarter worth approximately $50,000. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $53,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Invesco BulletShares 2031 Corporate Bond ETF during the third quarter worth approximately $92,000.

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.