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

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 125,980 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of large investors have recently modified their holdings of the company. G2 Capital Management LLC OH lifted its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 1.2% during the 4th quarter. G2 Capital Management LLC OH now owns 48,723 shares of the company’s stock worth $1,024,000 after purchasing an additional 558 shares during the last quarter. First Command Advisory Services Inc. increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 6.8% in the fourth quarter. First Command Advisory Services Inc. now owns 10,085 shares of the company’s stock valued at $212,000 after buying an additional 642 shares during the last quarter. Ledgewood Wealth Advisors LLC increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 0.3% in the fourth quarter. Ledgewood Wealth Advisors LLC now owns 202,180 shares of the company’s stock valued at $4,250,000 after buying an additional 655 shares during the last quarter. Opulen Financial Group LLC raised its stake in Invesco BulletShares 2034 Corporate Bond ETF by 5.1% in the third quarter. Opulen Financial Group LLC now owns 16,483 shares of the company’s stock valued at $346,000 after buying an additional 806 shares in the last quarter. Finally, Private Trust Co. NA acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at $25,000.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2034 Corporate Bond ETF stock opened at $20.66 on Thursday. The business has a 50-day simple moving average of $21.00 and a 200-day simple moving average of $21.05. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $19.71 and a one year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.0796 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date is Monday, March 23rd.

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.