Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Up 96.2% in April

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 35,882 shares, a growth of 96.2% from the March 31st total of 18,292 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 80,260 shares, the short-interest ratio is currently 0.4 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.1%

NASDAQ:BSCY opened at $20.83 on Friday. The business’s 50-day moving average price is $20.90 and its two-hundred day moving average price is $21.00. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $20.00 and a twelve month high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in BSCY. Royal Bank of Canada lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 59.5% during the first quarter. Royal Bank of Canada now owns 74,972 shares of the company’s stock worth $1,536,000 after purchasing an additional 27,960 shares during the last quarter. HUB Investment Partners LLC lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 95.3% during the second quarter. HUB Investment Partners LLC now owns 70,769 shares of the company’s stock worth $1,468,000 after purchasing an additional 34,540 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 7.9% during the second quarter. Raymond James Financial Inc. now owns 2,003,972 shares of the company’s stock worth $41,582,000 after purchasing an additional 145,867 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the second quarter worth about $3,242,000. Finally, Bank of America Corp DE lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 75.1% during the second quarter. Bank of America Corp DE now owns 65,993 shares of the company’s stock worth $1,369,000 after purchasing an additional 28,312 shares during the last quarter.

About Invesco BulletShares 2034 Corporate Bond ETF

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.