Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Up 214.7% in June

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 115,070 shares, a growth of 214.7% from the May 31st total of 36,569 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 115,745 shares, the short-interest ratio is presently 1.0 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2034 Corporate Bond ETF stock remained flat at $20.73 during trading hours on Monday. The stock had a trading volume of 359,142 shares, compared to its average volume of 145,606. Invesco BulletShares 2034 Corporate Bond ETF has a 1-year low of $20.35 and a 1-year high of $21.29. The firm has a 50-day moving average of $20.70 and a two-hundred day moving average of $20.88.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.0881 per share. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of BSCY. Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the third quarter worth about $47,000. Kohmann Bosshard Financial Services LLC purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth approximately $63,000. Redmond Asset Management LLC purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth approximately $202,000. Waverly Advisors LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 1st quarter worth approximately $204,000. Finally, &PARTNERS acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth approximately $210,000.

About Invesco BulletShares 2034 Corporate Bond ETF

The Invesco BulletShares 2034 Corporate Bond ETF (BSCY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated, investment grade corporate bonds with effective maturities in 2034. BSCY was launched on Jun 12, 2024 and is issued by Invesco.