Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Decreases By 15.9%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 60,178 shares, a decline of 15.9% from the January 29th total of 71,574 shares. Based on an average daily volume of 249,892 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 249,892 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 8.1% during the 3rd quarter. Raymond James Financial Inc. now owns 2,165,840 shares of the company’s stock valued at $45,526,000 after buying an additional 161,868 shares during the period. Aptus Capital Advisors LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at about $36,534,000. LPL Financial LLC boosted its position in Invesco BulletShares 2034 Corporate Bond ETF by 26.0% in the fourth quarter. LPL Financial LLC now owns 1,073,606 shares of the company’s stock worth $22,567,000 after purchasing an additional 221,464 shares during the last quarter. Wells Fargo & Company MN boosted its position in Invesco BulletShares 2034 Corporate Bond ETF by 55.4% in the fourth quarter. Wells Fargo & Company MN now owns 851,096 shares of the company’s stock worth $17,890,000 after purchasing an additional 303,242 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 6.0% during the 4th quarter. Invesco Ltd. now owns 831,500 shares of the company’s stock valued at $17,478,000 after purchasing an additional 47,000 shares during the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.0%

Invesco BulletShares 2034 Corporate Bond ETF stock opened at $21.11 on Thursday. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $19.71 and a one year high of $21.29. The business’s fifty day moving average is $21.07 and its 200 day moving average is $21.05.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.0811 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis 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.