Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) Sees Significant Drop in Short Interest
by Scott Moore · The Cerbat GemInvesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ – Get Free Report) saw 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. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 89,814 shares, the short-interest ratio is currently 0.0 days.
Invesco BulletShares 2035 Corporate Bond ETF Trading Down 0.2%
BSCZ traded down $0.04 on Friday, hitting $20.64. The company had a trading volume of 188,038 shares, compared to its average volume of 154,279. Invesco BulletShares 2035 Corporate Bond ETF has a 12-month low of $20.09 and a 12-month high of $21.16. The business’s fifty day simple moving average is $20.74 and its 200 day simple moving average is $20.81.
Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend
The business also recently declared a dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a $0.0768 dividend. This is an increase from Invesco BulletShares 2035 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 23rd.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCZ. Invesco Ltd. purchased a new position in Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth $17,251,000. Cookson Peirce & Co. Inc. purchased a new position in Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth $11,180,000. Carolina Wealth Advisors LLC boosted its stake in Invesco BulletShares 2035 Corporate Bond ETF by 1,858.9% during the third quarter. Carolina Wealth Advisors LLC now owns 297,044 shares of the company’s stock worth $6,179,000 after buying an additional 281,880 shares during the period. JPMorgan Chase & Co. purchased a new position in Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth $5,024,000. Finally, BCS Wealth Management purchased a new position in Invesco BulletShares 2035 Corporate Bond ETF during the fourth quarter worth $4,815,000.
About Invesco BulletShares 2035 Corporate Bond ETF
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.