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 target of a large drop in short interest in May. As of May 15th, there was short interest totaling 48,295 shares, a drop of 45.5% from the April 30th total of 88,595 shares. Based on an average daily trading volume, of 109,359 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Invesco BulletShares 2034 Corporate Bond ETF

Institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter valued at about $47,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth about $63,000. Redmond Asset Management LLC purchased a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth about $202,000. Waverly Advisors LLC acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the first quarter valued at about $204,000. Finally, &PARTNERS acquired a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at about $210,000.

Invesco BulletShares 2034 Corporate Bond ETF Stock Up 0.2%

Shares of Invesco BulletShares 2034 Corporate Bond ETF stock traded up $0.05 on Thursday, reaching $20.72. The stock had a trading volume of 4,422 shares, compared to its average volume of 153,016. The company has a 50 day moving average price of $20.72 and a 200 day moving average price of $20.92. Invesco BulletShares 2034 Corporate Bond ETF has a 1 year low of $20.31 and a 1 year high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a dividend of $0.0877 per share. The ex-dividend date of this dividend was Monday, May 18th. This is a boost 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%.

Invesco BulletShares 2034 Corporate Bond ETF Company Profile

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.