Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Declines By 67.9%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCYGet Free Report) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 43,536 shares, a drop of 67.9% from the June 30th total of 135,675 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 96,371 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 8.1% during the third quarter. Raymond James Financial Inc. now owns 2,165,840 shares of the company’s stock worth $45,526,000 after purchasing an additional 161,868 shares in the last quarter. Aptus Capital Advisors LLC acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter valued at $36,534,000. LPL Financial LLC raised its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 26.0% in the 4th quarter. LPL Financial LLC now owns 1,073,606 shares of the company’s stock valued at $22,567,000 after buying an additional 221,464 shares during the period. Wells Fargo & Company MN lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 55.4% during the 4th quarter. Wells Fargo & Company MN now owns 851,096 shares of the company’s stock worth $17,890,000 after acquiring an additional 303,242 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 6.0% during the 4th quarter. Invesco Ltd. now owns 831,500 shares of the company’s stock worth $17,478,000 after acquiring an additional 47,000 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.1%

BSCY traded up $0.03 on Tuesday, hitting $20.35. The company had a trading volume of 6,423 shares, compared to its average volume of 140,265. The company’s fifty day moving average price is $20.59 and its 200 day moving average price is $20.80. Invesco BulletShares 2034 Corporate Bond ETF has a 1 year low of $20.25 and a 1 year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a $0.0885 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 5.2%. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.09.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Invesco BulletShares 2034 Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2034 Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.