Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Expands By 578.0%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 40,000 shares, an increase of 578.0% from the February 13th total of 5,900 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 94,500 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the business. Ellevest Inc. bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at about $1,398,000. Cetera Investment Advisers bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at $2,358,000. Citadel Advisors LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth about $2,207,000. Jane Street Group LLC lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 90.3% during the fourth quarter. Jane Street Group LLC now owns 92,351 shares of the company’s stock worth $1,867,000 after purchasing an additional 43,829 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth about $30,128,000.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.1 %

NASDAQ BSCY traded down $0.03 during trading on Wednesday, reaching $20.38. 29,464 shares of the company traded hands, compared to its average volume of 72,646. The stock’s 50 day moving average price is $20.30 and its two-hundred day moving average price is $20.57. Invesco BulletShares 2034 Corporate Bond ETF has a 1-year low of $19.85 and a 1-year high of $21.36.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a dividend of $0.0754 per share. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, February 24th.

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.