Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Stock Short Interest Report for September

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 48,915 shares, an increase of 188.6% from the September 15th total of 16,952 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 110,570 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Aptus Capital Advisors LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF in the 4th quarter valued at about $36,534,000. Janney Montgomery Scott LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 1st quarter valued at $5,362,000. Avior Wealth Management LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF during the third quarter valued at about $2,240,000. Modern Wealth Management LLC lifted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 69.4% in the 1st quarter. Modern Wealth Management LLC now owns 200,676 shares of the company’s stock valued at $4,157,000 after acquiring an additional 82,228 shares during the last quarter. Finally, Clark Asset Management LLC raised its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 25.3% in the 2nd quarter. Clark Asset Management LLC now owns 404,980 shares of the company’s stock worth $8,369,000 after purchasing an additional 81,885 shares in the last quarter.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of BSCY stock opened at $19.67 on Wednesday. The firm has a 50-day moving average price of $20.03 and a 200 day moving average price of $20.43. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $19.43 and a twelve month high of $21.27.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.0809 dividend. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.0920. This represents a $0.97 annualized dividend and a yield of 4.9%.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

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.