Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Down 74.5% in March

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 10,200 shares, a drop of 74.5% from the February 28th total of 40,000 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 89,000 shares, the short-interest ratio is presently 0.1 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.6 %

Shares of BSCY stock opened at $20.44 on Friday. Invesco BulletShares 2034 Corporate Bond ETF has a 52 week low of $19.85 and a 52 week high of $21.36. The firm’s 50-day simple moving average is $20.39 and its two-hundred day simple moving average is $20.53.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.0835 dividend. The ex-dividend date was Monday, March 24th. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter valued at about $1,023,000. BCS Wealth Management lifted its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 238.6% during the 4th quarter. BCS Wealth Management now owns 217,790 shares of the company’s stock valued at $4,403,000 after buying an additional 153,463 shares during the period. Tlwm purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF in the 4th quarter worth $877,000. Marquette Asset Management LLC grew its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 1,701.1% in the fourth quarter. Marquette Asset Management LLC now owns 3,278 shares of the company’s stock worth $66,000 after acquiring an additional 3,096 shares during the period. Finally, Yarger Wealth Strategies LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at $221,000.

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.