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

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 14,138 shares, a decline of 53.0% from the February 26th total of 30,100 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 200,824 shares, the days-to-cover ratio is currently 0.1 days.

Invesco BulletShares 2035 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2035 Corporate Bond ETF stock traded down $0.06 on Friday, reaching $20.25. 55,094 shares of the company’s stock were exchanged, compared to its average volume of 153,196. Invesco BulletShares 2035 Corporate Bond ETF has a 52 week low of $20.09 and a 52 week high of $21.16. The firm’s 50-day moving average is $20.79 and its two-hundred day moving average is $20.84.

Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a $0.0768 dividend. The ex-dividend date is Monday, March 23rd. This is a boost from Invesco BulletShares 2035 Corporate Bond ETF’s previous dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2035 Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. bought a new stake in Invesco BulletShares 2035 Corporate Bond ETF during the 4th quarter valued at $17,251,000. Cetera Investment Advisers lifted its stake in shares of Invesco BulletShares 2035 Corporate Bond ETF by 436.0% in the fourth quarter. Cetera Investment Advisers now owns 60,403 shares of the company’s stock valued at $1,257,000 after buying an additional 49,133 shares in the last quarter. Equitable Holdings Inc. acquired a new position in shares of Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter valued at about $1,624,000. Osaic Holdings Inc. bought a new stake in shares of Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth about $494,000. Finally, Royal Bank of Canada increased its position in shares of Invesco BulletShares 2035 Corporate Bond ETF by 1,035.2% during the fourth quarter. Royal Bank of Canada now owns 91,103 shares of the company’s stock worth $1,896,000 after acquiring an additional 83,078 shares in the last quarter.

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.