Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Down 79.1% in February

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 5,900 shares, a decrease of 79.1% from the January 31st total of 28,200 shares. Based on an average trading volume of 85,900 shares, the short-interest ratio is currently 0.1 days.

Invesco BulletShares 2034 Corporate Bond ETF Stock Down 0.1 %

Shares of NASDAQ:BSCY traded down $0.02 during midday trading on Thursday, reaching $20.58. The company’s stock had a trading volume of 33,515 shares, compared to its average volume of 70,378. The stock has a fifty day moving average of $20.24 and a 200 day moving average of $20.60. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $19.85 and a twelve month high of $21.36.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 24th will be issued a dividend of $0.0754 per share. This is a positive change from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.07. The ex-dividend date is Monday, February 24th.

Hedge Funds Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

Several large investors have recently made changes to their positions in BSCY. Raymond James Financial Inc. purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter valued at approximately $30,128,000. Strategic Financial Concepts LLC purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter worth about $14,421,000. Cookson Peirce & Co. Inc. purchased a new position in Invesco BulletShares 2034 Corporate Bond ETF in the fourth quarter worth approximately $9,991,000. Invesco Ltd. acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth about $9,971,000. Finally, BCS Wealth Management raised its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 238.6% in the 4th quarter. BCS Wealth Management now owns 217,790 shares of the company’s stock valued at $4,403,000 after acquiring an additional 153,463 shares during the period.

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.