Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Rises By 207.8%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 185,230 shares, an increase of 207.8% from the February 12th total of 60,178 shares. Based on an average trading volume of 125,810 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 125,810 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Aptus Capital Advisors LLC acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth about $36,534,000. BCS Wealth Management raised its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 124.1% in the 4th quarter. BCS Wealth Management now owns 666,220 shares of the company’s stock worth $14,004,000 after purchasing an additional 368,933 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 55.4% in the 4th quarter. Wells Fargo & Company MN now owns 851,096 shares of the company’s stock valued at $17,890,000 after purchasing an additional 303,242 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 26.0% during the 4th quarter. LPL Financial LLC now owns 1,073,606 shares of the company’s stock worth $22,567,000 after purchasing an additional 221,464 shares during the period. Finally, Raymond James Financial Inc. increased its position in Invesco BulletShares 2034 Corporate Bond ETF by 8.1% during the 3rd quarter. Raymond James Financial Inc. now owns 2,165,840 shares of the company’s stock worth $45,526,000 after purchasing an additional 161,868 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of BSCY traded down $0.06 during mid-day trading on Friday, hitting $20.68. The company had a trading volume of 88,479 shares, compared to its average volume of 156,957. Invesco BulletShares 2034 Corporate Bond ETF has a 1-year low of $19.71 and a 1-year high of $21.29. The business’s 50-day simple moving average is $21.06 and its 200-day simple moving average is $21.05.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.0811 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.