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 December. As of December 31st, there was short interest totaling 87,621 shares, a growth of 143.2% from the December 15th total of 36,031 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 102,944 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 102,944 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are short sold.

Invesco BulletShares 2034 Corporate Bond ETF Trading Down 0.1%

Shares of BSCY traded down $0.03 during mid-day trading on Friday, reaching $21.06. The company’s stock had a trading volume of 30,912 shares, compared to its average volume of 143,041. Invesco BulletShares 2034 Corporate Bond ETF has a 52 week low of $19.71 and a 52 week high of $21.29. The company’s fifty day moving average price is $21.05 and its two-hundred day moving average price is $20.95.

Invesco BulletShares 2034 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.0805 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Private Trust Co. NA bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter valued at about $25,000. Advisory Services Network LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at approximately $47,000. Independence Bank of Kentucky purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the second quarter valued at approximately $70,000. Davis Capital Management purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the third quarter valued at approximately $132,000. Finally, YANKCOM Partnership grew its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 804.7% in the second quarter. YANKCOM Partnership now owns 8,866 shares of the company’s stock worth $184,000 after purchasing an additional 7,886 shares during the last quarter.

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.