Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Update

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 88,595 shares, a growth of 146.9% from the April 15th total of 35,882 shares. Based on an average daily volume of 119,895 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Aptus Capital Advisors LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at about $36,534,000. BCS Wealth Management boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 124.1% in the fourth quarter. BCS Wealth Management now owns 666,220 shares of the company’s stock worth $14,004,000 after buying an additional 368,933 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 55.4% in the fourth quarter. Wells Fargo & Company MN now owns 851,096 shares of the company’s stock worth $17,890,000 after buying an additional 303,242 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the first quarter valued at approximately $5,362,000. Finally, LPL Financial LLC grew its position in Invesco BulletShares 2034 Corporate Bond ETF by 26.0% during the fourth 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.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.6%

Invesco BulletShares 2034 Corporate Bond ETF stock traded down $0.13 during midday trading on Friday, reaching $20.59. 24,729 shares of the company traded hands, compared to its average volume of 156,759. Invesco BulletShares 2034 Corporate Bond ETF has a 12 month low of $20.00 and a 12 month high of $21.29. The business has a 50 day moving average of $20.79 and a two-hundred day moving average of $20.96.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were given a dividend of $0.0774 per share. The ex-dividend date was Monday, April 20th.

About Invesco BulletShares 2034 Corporate Bond ETF

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.