Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Down 15.9% in February

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 60,178 shares, a decrease of 15.9% from the January 29th total of 71,574 shares. Based on an average daily volume of 249,892 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 249,892 shares, the days-to-cover ratio is presently 0.2 days.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of BSCY opened at $21.12 on Wednesday. The company’s fifty day moving average price is $21.07 and its 200-day moving average price is $21.05. Invesco BulletShares 2034 Corporate Bond ETF has a 1-year low of $19.71 and a 1-year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.0811 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, February 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSCY. G2 Capital Management LLC OH increased its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 1.2% in the 4th quarter. G2 Capital Management LLC OH now owns 48,723 shares of the company’s stock worth $1,024,000 after buying an additional 558 shares during the period. First Command Advisory Services Inc. lifted its stake in Invesco BulletShares 2034 Corporate Bond ETF by 6.8% during the 4th quarter. First Command Advisory Services Inc. now owns 10,085 shares of the company’s stock valued at $212,000 after acquiring an additional 642 shares during the period. Ledgewood Wealth Advisors LLC boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 0.3% in the 4th quarter. Ledgewood Wealth Advisors LLC now owns 202,180 shares of the company’s stock valued at $4,250,000 after acquiring an additional 655 shares during the last quarter. Opulen Financial Group LLC boosted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 5.1% in the 3rd quarter. Opulen Financial Group LLC now owns 16,483 shares of the company’s stock valued at $346,000 after acquiring an additional 806 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 57,713 shares of the company’s stock worth $1,198,000 after acquiring an additional 913 shares during the period.

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.