Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Shares Shorted: Short Interest Down 73.1% in September

by · The Markets Daily

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY – Get Free Report) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 16,952 shares, a decline of 73.1% from the August 31st total of 62,947 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 126,222 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Redmond Asset Management LLC acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth $202,000. Waverly Advisors LLC purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF during the first quarter worth about $204,000. First Command Advisory Services Inc. lifted its position in 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. Kestra Private Wealth Services LLC boosted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 6.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,871 shares of the company’s stock valued at $246,000 after purchasing an additional 694 shares in the last quarter. Finally, Allen Capital Group LLC boosted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 11.2% in the 1st quarter. Allen Capital Group LLC now owns 16,793 shares of the company’s stock valued at $348,000 after purchasing an additional 1,691 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCY traded up $0.02 on Friday, reaching $19.66. The company’s stock had a trading volume of 161,062 shares, compared to its average volume of 141,920. Invesco BulletShares 2034 Corporate Bond ETF has a 52-week low of $19.59 and a 52-week high of $21.27. The stock’s 50-day moving average is $20.21 and its two-hundred day moving average is $20.53.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.0809 per share. This represents a $0.97 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.0920.

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.

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