Short Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Increases By 173.2%

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 117,200 shares, a growth of 173.2% from the December 31st total of 42,900 shares. Based on an average daily trading volume, of 86,900 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James & Associates acquired a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF during the third quarter worth about $17,232,000. Strategic Financial Concepts LLC acquired a new position in Invesco BulletShares 2034 Corporate Bond ETF during the fourth quarter valued at $14,421,000. BCS Wealth Management boosted its holdings in Invesco BulletShares 2034 Corporate Bond ETF by 238.6% in the fourth quarter. BCS Wealth Management now owns 217,790 shares of the company’s stock valued at $4,403,000 after purchasing an additional 153,463 shares during the last quarter. Jane Street Group LLC purchased a new stake in Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at $1,023,000. Finally, Tlwm acquired a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth about $877,000.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

NASDAQ BSCY traded up $0.02 during trading on Friday, hitting $20.30. The company’s stock had a trading volume of 622 shares, compared to its average volume of 76,637. Invesco BulletShares 2034 Corporate Bond ETF has a fifty-two week low of $19.85 and a fifty-two week high of $21.36. The business’s 50 day simple moving average is $20.33 and its 200-day simple moving average is $20.62.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.0705 dividend. The ex-dividend date was Tuesday, January 21st.