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

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 13,081 shares, a drop of 91.0% from the October 15th total of 145,305 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 175,254 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco BulletShares 2035 Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC bought a new position in shares of Invesco BulletShares 2035 Corporate Bond ETF during the second quarter worth about $650,000. Gill Capital Partners LLC lifted its stake in Invesco BulletShares 2035 Corporate Bond ETF by 23.1% in the 2nd quarter. Gill Capital Partners LLC now owns 244,837 shares of the company’s stock valued at $5,012,000 after acquiring an additional 45,984 shares in the last quarter. NorthAvenue LLC boosted its position in Invesco BulletShares 2035 Corporate Bond ETF by 92.6% during the 3rd quarter. NorthAvenue LLC now owns 55,654 shares of the company’s stock worth $1,070,000 after acquiring an additional 26,764 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Invesco BulletShares 2035 Corporate Bond ETF by 26.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 145,565 shares of the company’s stock worth $2,980,000 after acquiring an additional 30,508 shares during the last quarter. Finally, Clark Asset Management LLC boosted its position in Invesco BulletShares 2035 Corporate Bond ETF by 53.2% during the 2nd quarter. Clark Asset Management LLC now owns 211,938 shares of the company’s stock worth $4,338,000 after acquiring an additional 73,596 shares during the last quarter.

Invesco BulletShares 2035 Corporate Bond ETF Stock Down 0.8%

NASDAQ:BSCZ traded down $0.16 on Thursday, reaching $19.47. The company’s stock had a trading volume of 29,201 shares, compared to its average volume of 147,600. Invesco BulletShares 2035 Corporate Bond ETF has a 1-year low of $19.14 and a 1-year high of $21.05. The business’s 50-day moving average price is $19.55 and its two-hundred day moving average price is $20.25.

Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a $0.0794 dividend. The ex-dividend date was Monday, October 19th. This represents a $0.95 annualized dividend and a dividend yield of 4.9%. This is a boost from Invesco BulletShares 2035 Corporate Bond ETF’s previous monthly dividend of $0.0764.

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.