Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sees Significant Decline in Short Interest

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 71,574 shares, a decline of 50.1% from the January 15th total of 143,301 shares. Based on an average daily volume of 98,654 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 98,654 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of BSCY traded up $0.07 during mid-day trading on Friday, reaching $21.22. 122,570 shares of the company’s stock were exchanged, compared to its average volume of 169,102. The business’s fifty day simple moving average is $21.03 and its 200-day simple moving average is $21.01. Invesco BulletShares 2034 Corporate Bond ETF has a 52-week low of $19.71 and a 52-week high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.0817 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 4.6%.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several large investors have recently bought and sold shares of BSCY. Jacobi Capital Management LLC lifted its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 10.5% in the 4th quarter. Jacobi Capital Management LLC now owns 13,832 shares of the company’s stock valued at $291,000 after acquiring an additional 1,312 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Invesco BulletShares 2034 Corporate Bond ETF by 4.7% during the 4th quarter. Kestra Advisory Services LLC now owns 33,513 shares of the company’s stock valued at $704,000 after purchasing an additional 1,517 shares during the period. River Wealth Advisors LLC lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 36.2% in the fourth quarter. River Wealth Advisors LLC now owns 35,428 shares of the company’s stock valued at $745,000 after purchasing an additional 9,416 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 16.6% in the fourth quarter. Stifel Financial Corp now owns 22,884 shares of the company’s stock worth $481,000 after buying an additional 3,265 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 55.4% in the fourth quarter. Wells Fargo & Company MN now owns 851,096 shares of the company’s stock worth $17,890,000 after buying an additional 303,242 shares during the period.

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.