Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Down 45.5% in May

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 48,295 shares, a decline of 45.5% from the April 30th total of 88,595 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 109,359 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

A number of large investors have recently made changes to their positions in BSCY. Advisory Services Network LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the third quarter valued at $47,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at $63,000. Redmond Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at $202,000. Waverly Advisors LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the first quarter valued at $204,000. Finally, &PARTNERS purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at $210,000.

Invesco BulletShares 2034 Corporate Bond ETF Stock Performance

Shares of BSCY remained flat at $20.71 during trading hours on Tuesday. 230,987 shares of the stock were exchanged, compared to its average volume of 155,252. Invesco BulletShares 2034 Corporate Bond ETF has a 1 year low of $20.31 and a 1 year high of $21.29. The stock has a 50-day moving average of $20.72 and a two-hundred day moving average of $20.93.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a dividend of $0.0877 per share. This is an increase from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Monday, May 18th.

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.