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

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 88,595 shares, a growth of 146.9% from the April 15th total of 35,882 shares. Based on an average trading volume of 119,895 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Invesco BulletShares 2034 Corporate Bond ETF stock traded down $0.13 during mid-day trading on Friday, reaching $20.59. The stock had a trading volume of 24,729 shares, compared to its average volume of 156,759. The company has a 50-day moving average price of $20.79 and a two-hundred day moving average price of $20.96. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $20.00 and a one year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were issued a $0.0774 dividend. The ex-dividend date was Monday, April 20th.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Waverly Advisors LLC purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the first quarter worth $204,000. Modern Wealth Management LLC boosted its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 69.4% during the first quarter. Modern Wealth Management LLC now owns 200,676 shares of the company’s stock valued at $4,157,000 after buying an additional 82,228 shares during the last quarter. Davis R M Inc. increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 36.9% in the 1st quarter. Davis R M Inc. now owns 18,878 shares of the company’s stock worth $391,000 after buying an additional 5,093 shares in the last quarter. Cetera Investment Advisers raised its position in Invesco BulletShares 2034 Corporate Bond ETF by 9.6% in the 1st quarter. Cetera Investment Advisers now owns 124,284 shares of the company’s stock worth $2,572,000 after buying an additional 10,923 shares during the last quarter. Finally, Paradigm Strategies in Wealth Management LLC raised its position in Invesco BulletShares 2034 Corporate Bond ETF by 14.1% in the 1st quarter. Paradigm Strategies in Wealth Management LLC now owns 18,606 shares of the company’s stock worth $385,000 after buying an additional 2,294 shares during 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.