Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Down 38.2% in September

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 48,500 shares, a decline of 38.2% from the August 31st total of 78,500 shares. Based on an average daily trading volume, of 92,200 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 92,200 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2034 Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ BSCY opened at $21.11 on Friday. The firm has a 50-day simple moving average of $20.92 and a 200-day simple moving average of $20.58. Invesco BulletShares 2034 Corporate Bond ETF has a 52 week low of $19.71 and a 52 week high of $21.29.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.0828 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, September 22nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. increased its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 127.4% in the first quarter. Invesco Ltd. now owns 1,121,424 shares of the company’s stock valued at $22,972,000 after purchasing an additional 628,189 shares during the last quarter. LPL Financial LLC grew its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 832.2% in the 1st quarter. LPL Financial LLC now owns 467,052 shares of the company’s stock valued at $9,567,000 after buying an additional 416,952 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Invesco BulletShares 2034 Corporate Bond ETF by 24.7% in the 1st quarter. Raymond James Financial Inc. now owns 1,858,105 shares of the company’s stock worth $38,062,000 after acquiring an additional 367,729 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Invesco BulletShares 2034 Corporate Bond ETF during the 2nd quarter worth $3,242,000. Finally, Gill Capital Partners LLC raised its holdings in shares of Invesco BulletShares 2034 Corporate Bond ETF by 493.6% during the 1st quarter. Gill Capital Partners LLC now owns 164,705 shares of the company’s stock worth $3,374,000 after acquiring an additional 136,959 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.