Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) Short Interest Down 40.1% in June

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 29,108 shares, a drop of 40.1% from the May 31st total of 48,617 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 89,657 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2035 Corporate Bond ETF Stock Down 0.0%

BSCZ stock traded down $0.01 during midday trading on Wednesday, hitting $20.46. The company’s stock had a trading volume of 19,889 shares, compared to its average volume of 125,658. The stock’s 50-day moving average price is $20.48 and its 200 day moving average price is $20.67. Invesco BulletShares 2035 Corporate Bond ETF has a 1 year low of $20.10 and a 1 year high of $21.16.

Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.0869 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, June 22nd. This is a positive change from Invesco BulletShares 2035 Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On Invesco BulletShares 2035 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. bought a new position in Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter valued at about $17,251,000. Cookson Peirce & Co. Inc. purchased a new stake in Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth about $11,180,000. JPMorgan Chase & Co. bought a new stake in Invesco BulletShares 2035 Corporate Bond ETF in the fourth quarter worth about $5,024,000. BCS Wealth Management bought a new stake in Invesco BulletShares 2035 Corporate Bond ETF in the fourth quarter worth about $4,815,000. Finally, Stephens Inc. AR boosted its stake in Invesco BulletShares 2035 Corporate Bond ETF by 139.5% in the first quarter. Stephens Inc. AR now owns 165,848 shares of the company’s stock valued at $3,403,000 after acquiring an additional 96,603 shares during the last quarter.

About Invesco BulletShares 2035 Corporate Bond ETF

Invesco Exchange-Traded Self-Indexed Fund Trust – Invesco BulletShares 2035 Corporate Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in fixed income markets of global region. The fund invests in U.S. dollar denominated investment grade corporate bonds that are rated at least BBB- by S&P Global Ratings or Fitch Ratings Inc or at least Baa3 by Moody’s Investors Service, Inc with the effective maturities in the year 2035. The fund seeks to track the performance of the Invesco BulletShares USD Corporate Bond 2035 Index, by using representative sampling technique.