Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Short Interest Down 88.9% in October

Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) was the target of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 7,300 shares, a decline of 88.9% from the October 15th total of 65,800 shares. Based on an average daily trading volume, of 59,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2034 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the business. Stephens Inc. AR bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at about $353,000. MONECO Advisors LLC bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at about $463,000. BCS Wealth Management bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at about $1,357,000. Finally, Raymond James & Associates bought a new stake in shares of Invesco BulletShares 2034 Corporate Bond ETF in the third quarter valued at about $17,232,000.

Invesco BulletShares 2034 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCY traded up $0.04 on Thursday, hitting $20.42. The company had a trading volume of 15,107 shares, compared to its average volume of 42,173. Invesco BulletShares 2034 Corporate Bond ETF has a 1-year low of $20.01 and a 1-year high of $21.36. The stock’s 50 day moving average is $20.87.

Invesco BulletShares 2034 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.043 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $0.52 annualized dividend and a dividend yield of 2.53%.