Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) Sees Large Decline in Short Interest

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totaling 2,999 shares, a drop of 78.8% from the March 15th total of 14,138 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 89,814 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco BulletShares 2035 Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. bought a new stake in shares of Invesco BulletShares 2035 Corporate Bond ETF during the 4th quarter valued at $17,251,000. Cetera Investment Advisers boosted its stake in Invesco BulletShares 2035 Corporate Bond ETF by 436.0% during the fourth quarter. Cetera Investment Advisers now owns 60,403 shares of the company’s stock worth $1,257,000 after acquiring an additional 49,133 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in Invesco BulletShares 2035 Corporate Bond ETF in the fourth quarter worth about $1,624,000. Osaic Holdings Inc. purchased a new stake in Invesco BulletShares 2035 Corporate Bond ETF in the fourth quarter worth about $494,000. Finally, Royal Bank of Canada increased its stake in shares of Invesco BulletShares 2035 Corporate Bond ETF by 1,035.2% during the fourth quarter. Royal Bank of Canada now owns 91,103 shares of the company’s stock valued at $1,896,000 after purchasing an additional 83,078 shares in the last quarter.

Invesco BulletShares 2035 Corporate Bond ETF Price Performance

NASDAQ BSCZ opened at $20.63 on Monday. Invesco BulletShares 2035 Corporate Bond ETF has a 1 year low of $20.09 and a 1 year high of $21.16. The business’s 50-day moving average is $20.74 and its 200 day moving average is $20.81.

Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.0768 dividend. This is a boost from Invesco BulletShares 2035 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 23rd.

Invesco BulletShares 2035 Corporate Bond ETF Company Profile

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.