Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) Sees Significant Drop in Short Interest

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 29,383 shares, a decrease of 48.1% from the April 30th total of 56,657 shares. Based on an average daily trading volume, of 85,391 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2035 Corporate Bond ETF

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

Invesco BulletShares 2035 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCZ traded down $0.05 during midday trading on Wednesday, reaching $20.46. 13,290 shares of the company were exchanged, compared to its average volume of 134,514. Invesco BulletShares 2035 Corporate Bond ETF has a 1 year low of $20.09 and a 1 year high of $21.16. The stock has a fifty day simple moving average of $20.52 and a 200 day simple moving average of $20.72.

Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a $0.0861 dividend. This is an increase from Invesco BulletShares 2035 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 5.1%.

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.