Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Grows By 146.9%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 88,595 shares, a growth of 146.9% from the April 15th total of 35,882 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 119,895 shares, the short-interest ratio is presently 0.7 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2034 Corporate Bond ETF stock traded down $0.14 on Friday, hitting $20.58. 52,910 shares of the company’s stock traded hands, compared to its average volume of 157,083. The firm’s 50-day moving average price is $20.78 and its two-hundred day moving average price is $20.96. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $20.00 and a one year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 20th were given a dividend of $0.0774 per share. The ex-dividend date was Monday, April 20th.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Waverly Advisors LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 1st quarter valued at $204,000. Modern Wealth Management LLC raised its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 69.4% during the 1st quarter. Modern Wealth Management LLC now owns 200,676 shares of the company’s stock valued at $4,157,000 after acquiring an additional 82,228 shares during the last quarter. Davis R M Inc. raised its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 36.9% during the 1st quarter. Davis R M Inc. now owns 18,878 shares of the company’s stock valued at $391,000 after acquiring an additional 5,093 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 9.6% in the 1st quarter. Cetera Investment Advisers now owns 124,284 shares of the company’s stock valued at $2,572,000 after buying an additional 10,923 shares in the last quarter. Finally, Paradigm Strategies in Wealth Management LLC increased its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 14.1% in the 1st quarter. Paradigm Strategies in Wealth Management LLC now owns 18,606 shares of the company’s stock valued at $385,000 after buying an additional 2,294 shares in the last quarter.

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.