Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) Sees Large Decrease in Short Interest

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 43,308 shares, a decrease of 73.4% from the August 31st total of 162,545 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 160,434 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2035 Corporate Bond ETF Trading Up 0.2%

Shares of BSCZ traded up $0.04 during mid-day trading on Friday, reaching $19.39. 167,645 shares of the stock traded hands, compared to its average volume of 150,900. The stock has a fifty day simple moving average of $19.95 and a 200 day simple moving average of $20.31. Invesco BulletShares 2035 Corporate Bond ETF has a 12-month low of $19.31 and a 12-month high of $21.16.

Invesco BulletShares 2035 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0764 dividend. The ex-dividend date was Monday, September 21st. This represents a $0.92 dividend on an annualized basis and a yield of 4.7%. This is a decrease from Invesco BulletShares 2035 Corporate Bond ETF’s previous monthly dividend of $0.0939.

Institutional Trading of Invesco BulletShares 2035 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Clark Asset Management LLC boosted its holdings in Invesco BulletShares 2035 Corporate Bond ETF by 36.1% in the first quarter. Clark Asset Management LLC now owns 138,342 shares of the company’s stock valued at $2,839,000 after purchasing an additional 36,732 shares during the last quarter. Gill Capital Partners LLC raised its position in shares of Invesco BulletShares 2035 Corporate Bond ETF by 23.1% in the 2nd quarter. Gill Capital Partners LLC now owns 244,837 shares of the company’s stock valued at $5,012,000 after purchasing an additional 45,984 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Invesco BulletShares 2035 Corporate Bond ETF in the 2nd quarter valued at approximately $650,000. Stephens Inc. AR boosted its stake in shares of Invesco BulletShares 2035 Corporate Bond ETF by 139.5% during the 1st quarter. Stephens Inc. AR now owns 165,848 shares of the company’s stock valued at $3,403,000 after buying an additional 96,603 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. acquired a new stake in shares of Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth approximately $11,180,000.

Invesco BulletShares 2035 Corporate Bond ETF Company Profile

Invesco Exchange-Traded Self-Indexed Fund Trust – Invesco BulletShares 2035 Corporate Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in fixed income markets of global region. The fund invests in U.S. dollar denominated investment grade corporate bonds that are rated at least BBB- by S&P Global Ratings or Fitch Ratings Inc or at least Baa3 by Moody’s Investors Service, Inc with the effective maturities in the year 2035. The fund seeks to track the performance of the Invesco BulletShares USD Corporate Bond 2035 Index, by using representative sampling technique.