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

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 71,574 shares, a drop of 50.1% from the January 15th total of 143,301 shares. Based on an average daily trading volume, of 98,654 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 98,654 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BSCY. G2 Capital Management LLC OH lifted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 1.2% in the fourth quarter. G2 Capital Management LLC OH now owns 48,723 shares of the company’s stock valued at $1,024,000 after acquiring an additional 558 shares during the period. First Command Advisory Services Inc. lifted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 6.8% in the fourth quarter. First Command Advisory Services Inc. now owns 10,085 shares of the company’s stock valued at $212,000 after purchasing an additional 642 shares during the period. Ledgewood Wealth Advisors LLC boosted its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 0.3% during the 4th quarter. Ledgewood Wealth Advisors LLC now owns 202,180 shares of the company’s stock worth $4,250,000 after acquiring an additional 655 shares in the last quarter. Opulen Financial Group LLC increased its stake in Invesco BulletShares 2034 Corporate Bond ETF by 5.1% in the 3rd quarter. Opulen Financial Group LLC now owns 16,483 shares of the company’s stock valued at $346,000 after purchasing an additional 806 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Invesco BulletShares 2034 Corporate Bond ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 57,713 shares of the company’s stock valued at $1,198,000 after purchasing an additional 913 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.3%

Invesco BulletShares 2034 Corporate Bond ETF stock traded up $0.06 during mid-day trading on Thursday, reaching $21.14. 47,056 shares of the company were exchanged, compared to its average volume of 156,055. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $19.71 and a twelve month high of $21.29. The firm’s 50-day simple moving average is $21.03 and its two-hundred day simple moving average is $21.01.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.0817 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, January 20th.

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.