Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Up 97.0% in October

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 65,800 shares, an increase of 97.0% from the September 30th total of 33,400 shares. Based on an average daily volume of 50,100 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSCY. BCS Wealth Management acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter valued at approximately $1,357,000. Raymond James & Associates acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter valued at approximately $17,232,000. Finally, MONECO Advisors LLC acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the 3rd quarter valued at approximately $463,000.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCY traded down $0.04 during mid-day trading on Friday, reaching $20.55. 22,877 shares of the company’s stock were exchanged, compared to its average volume of 37,871. The firm’s fifty day moving average is $20.98. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $20.01 and a twelve month high of $21.36.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a $0.043 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date was Monday, October 21st.