Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sees Significant Drop in Short Interest

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a significant decline in short interest in March. As of March 31st, there was short interest totalling 6,000 shares, a decline of 41.2% from the March 15th total of 10,200 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 69,500 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at approximately $30,128,000. Strategic Financial Concepts LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the 4th quarter valued at approximately $14,421,000. Cookson Peirce & Co. Inc. acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at $9,991,000. Invesco Ltd. purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth $9,971,000. Finally, BCS Wealth Management raised its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 238.6% in the fourth quarter. BCS Wealth Management now owns 217,790 shares of the company’s stock worth $4,403,000 after acquiring an additional 153,463 shares during the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of BSCY stock opened at $20.25 on Friday. Invesco BulletShares 2034 Corporate Bond ETF has a fifty-two week low of $19.71 and a fifty-two week high of $21.36. The business has a fifty day simple moving average of $20.40 and a 200-day simple moving average of $20.44.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.0835 dividend. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Monday, March 24th.

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.