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

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 10,200 shares, a decline of 74.5% from the February 28th total of 40,000 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 89,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ellevest Inc. bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth $1,398,000. Cetera Investment Advisers bought a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth about $2,358,000. Citadel Advisors LLC purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at about $2,207,000. Jane Street Group LLC increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 90.3% during the fourth quarter. Jane Street Group LLC now owns 92,351 shares of the company’s stock valued at $1,867,000 after buying an additional 43,829 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth approximately $30,128,000.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of BSCY stock opened at $20.34 on Thursday. The company’s 50-day simple moving average is $20.38 and its two-hundred day simple moving average is $20.54. Invesco BulletShares 2034 Corporate Bond ETF has a one year low of $19.85 and a one year high of $21.36.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.0835 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous 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.