Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sees Significant Increase in Short Interest

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 155,288 shares, an increase of 217.5% from the September 30th total of 48,915 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 393,230 shares, the short-interest ratio is currently 0.4 days.

Invesco BulletShares 2034 Corporate Bond ETF Trading Down 0.2%

BSCY opened at $19.81 on Thursday. Invesco BulletShares 2034 Corporate Bond ETF has a 12 month low of $19.43 and a 12 month high of $21.24. The business’s 50-day moving average price is $19.90 and its 200-day moving average price is $20.54.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were given a dividend of $0.0853 per share. This represents a $1.02 annualized dividend and a yield of 5.2%. The ex-dividend date was Monday, October 19th. This is a positive change from Invesco BulletShares 2034 Corporate Bond ETF’s previous monthly dividend of $0.0809.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Aprio Wealth Management LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at approximately $282,000. DWM Financial Group Inc. purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the third quarter valued at approximately $6,592,000. Redmond Asset Management LLC bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth approximately $490,000. Sigma Investment Counselors Inc. bought a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth approximately $2,907,000. Finally, Independence Bank of Kentucky purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter worth $891,000.

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.