Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) Sees Large Increase in Short Interest

Invesco BulletShares 2035 Corporate Bond ETF (NASDAQ:BSCZ) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 64,546 shares, an increase of 121.7% from the June 15th total of 29,108 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 71,946 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On Invesco BulletShares 2035 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSCZ. Butensky & Cohen Financial Security Inc. increased its position in shares of Invesco BulletShares 2035 Corporate Bond ETF by 8.9% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 74,316 shares of the company’s stock valued at $1,521,000 after acquiring an additional 6,083 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in Invesco BulletShares 2035 Corporate Bond ETF by 1.8% during the second quarter. Carolina Wealth Advisors LLC now owns 292,847 shares of the company’s stock worth $5,995,000 after acquiring an additional 5,156 shares during the period. Clark Asset Management LLC boosted its position in Invesco BulletShares 2035 Corporate Bond ETF by 53.2% in the second quarter. Clark Asset Management LLC now owns 211,938 shares of the company’s stock worth $4,338,000 after purchasing an additional 73,596 shares during the last quarter. Asset Dedication LLC purchased a new position in Invesco BulletShares 2035 Corporate Bond ETF in the first quarter worth $179,000. Finally, Bank of America Corp DE bought a new position in Invesco BulletShares 2035 Corporate Bond ETF in the 1st quarter valued at $1,231,000.

Invesco BulletShares 2035 Corporate Bond ETF Price Performance

BSCZ opened at $20.33 on Friday. Invesco BulletShares 2035 Corporate Bond ETF has a fifty-two week low of $20.10 and a fifty-two week high of $21.16. The company’s 50-day moving average is $20.43 and its 200 day moving average is $20.63.

Invesco BulletShares 2035 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.0869 dividend. This is a positive change from Invesco BulletShares 2035 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a yield of 5.1%.

About Invesco BulletShares 2035 Corporate Bond ETF

Invesco Exchange-Traded Self-Indexed Fund Trust – Invesco BulletShares 2035 Corporate Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in fixed income markets of global region. The fund invests in U.S. dollar denominated investment grade corporate bonds that are rated at least BBB- by S&P Global Ratings or Fitch Ratings Inc or at least Baa3 by Moody’s Investors Service, Inc with the effective maturities in the year 2035. The fund seeks to track the performance of the Invesco BulletShares USD Corporate Bond 2035 Index, by using representative sampling technique.