Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Sees Large Growth in Short Interest

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

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James & Associates bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter worth approximately $17,232,000. BCS Wealth Management raised its stake in 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 worth $4,403,000 after acquiring an additional 153,463 shares during the period. Jane Street Group LLC bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 3rd quarter worth approximately $1,023,000. Tlwm bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth approximately $877,000. Finally, Butensky & Cohen Financial Security Inc. bought a new stake in Invesco BulletShares 2034 Corporate Bond ETF during the 4th quarter worth approximately $806,000.

Invesco BulletShares 2034 Corporate Bond ETF Trading Up 1.2 %

Shares of NASDAQ:BSCY opened at $20.09 on Thursday. Invesco BulletShares 2034 Corporate Bond ETF has a twelve month low of $19.85 and a twelve month high of $21.36. The firm’s 50 day moving average price is $20.39 and its 200-day moving average price is $20.63.

Invesco BulletShares 2034 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0842 per share. This is a boost from Invesco BulletShares 2034 Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Monday, December 23rd.