Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Update

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 30,041 shares, a drop of 83.8% from the February 26th total of 185,230 shares. Based on an average daily volume of 125,980 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 125,980 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter worth approximately $25,000. Advisory Services Network LLC bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth approximately $47,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth $63,000. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth $132,000. Finally, Independence Bank of Kentucky raised its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 160.9% during the 3rd quarter. Independence Bank of Kentucky now owns 8,843 shares of the company’s stock valued at $186,000 after purchasing an additional 5,454 shares during the period.

Invesco BulletShares 2034 Corporate Bond ETF Trading Down 0.2%

NASDAQ BSCY opened at $20.59 on Wednesday. The business’s fifty day moving average is $21.01 and its 200 day moving average is $21.05. Invesco BulletShares 2034 Corporate Bond ETF has a fifty-two week low of $19.71 and a fifty-two week high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 23rd will be paid a $0.0796 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.