Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Rises By 214.7%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 115,070 shares, a growth of 214.7% from the May 31st total of 36,569 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 115,745 shares, the short-interest ratio is currently 1.0 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of BSCY stock traded up $0.02 on Friday, hitting $20.73. The company had a trading volume of 73,593 shares, compared to its average volume of 146,429. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $20.35 and a twelve month high of $21.29. The company has a 50-day moving average price of $20.70 and a 200-day moving average price of $20.88.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.0881 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 5.1%.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the stock. Aptus Capital Advisors LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth $36,534,000. JPMorgan Chase & Co. purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at $1,933,000. BCS Wealth Management increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 124.1% in the fourth quarter. BCS Wealth Management now owns 666,220 shares of the company’s stock valued at $14,004,000 after buying an additional 368,933 shares in the last quarter. LeClair Wealth Partners LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth about $2,377,000. Finally, Clark Asset Management LLC boosted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 24.0% during the 1st quarter. Clark Asset Management LLC now owns 323,095 shares of the company’s stock worth $6,687,000 after acquiring an additional 62,601 shares in the last quarter.

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.