Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Update

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 48,295 shares, a drop of 45.5% from the April 30th total of 88,595 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 109,359 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors have recently made changes to their positions in the company. 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 boosted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 124.1% during the 4th quarter. BCS Wealth Management now owns 666,220 shares of the company’s stock worth $14,004,000 after acquiring an additional 368,933 shares in the last quarter. Truist Financial Corp grew its position in shares of Invesco BulletShares 2034 Corporate Bond ETF by 402.1% during the 4th quarter. Truist Financial Corp now owns 87,951 shares of the company’s stock valued at $1,849,000 after acquiring an additional 70,434 shares during the period. Asset Dedication LLC increased its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 149.2% in the 4th quarter. Asset Dedication LLC now owns 108,896 shares of the company’s stock valued at $2,289,000 after purchasing an additional 65,199 shares in the last quarter. Finally, Clark Asset Management LLC increased its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 27.8% in the 4th quarter. Clark Asset Management LLC now owns 260,494 shares of the company’s stock valued at $5,476,000 after purchasing an additional 56,629 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.3%

Shares of BSCY traded down $0.06 during mid-day trading on Wednesday, reaching $20.66. The company had a trading volume of 31,488 shares, compared to its average volume of 154,013. Invesco BulletShares 2034 Corporate Bond ETF has a 52-week low of $20.31 and a 52-week high of $21.29. The stock has a 50 day moving average of $20.72 and a two-hundred day moving average of $20.93.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.0877 dividend. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a yield of 5.1%. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.