Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sees Large Drop in Short Interest

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 43,536 shares, a drop of 67.9% from the June 30th total of 135,675 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 96,371 shares, the days-to-cover ratio is currently 0.5 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.0%

Shares of BSCY stock opened at $20.27 on Friday. The stock’s fifty day simple moving average is $20.60 and its 200 day simple moving average is $20.81. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $20.25 and a one year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a dividend of $0.0885 per share. The ex-dividend date of this dividend was Monday, July 20th. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter worth about $47,000. Kohmann Bosshard Financial Services LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at about $63,000. Redmond Asset Management LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at about $202,000. Waverly Advisors LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF in the first quarter valued at about $204,000. Finally, &PARTNERS acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at about $210,000.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

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.