Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Large Drop in Short Interest

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totalling 69,200 shares, a drop of 34.1% from the July 31st total of 105,000 shares. Based on an average daily volume of 117,400 shares, the short-interest ratio is presently 0.6 days.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2032 Corporate Bond ETF stock traded down $0.02 during midday trading on Thursday, reaching $20.75. The company had a trading volume of 145,242 shares, compared to its average volume of 129,344. The stock has a fifty day simple moving average of $20.43 and a 200 day simple moving average of $20.18. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $18.54 and a 1-year high of $22.61.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were issued a $0.092 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend was Monday, August 19th.

Institutional Trading of Invesco BulletShares 2032 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSCW. Wells Fargo & Company MN grew its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 135.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,385,411 shares of the company’s stock worth $28,664,000 after acquiring an additional 796,586 shares during the period. Vima LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the 4th quarter worth $30,000. Raymond James Financial Services Advisors Inc. grew its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 102.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 928,699 shares of the company’s stock worth $18,593,000 after acquiring an additional 469,777 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 57.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 21,306 shares of the company’s stock worth $427,000 after acquiring an additional 7,738 shares during the period. Finally, Benjamin F. Edwards & Company Inc. grew its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 112.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 5,592 shares of the company’s stock worth $116,000 after acquiring an additional 2,960 shares during the period.

Invesco BulletShares 2032 Corporate Bond ETF Company Profile

The Invesco BulletShares 2032 Corporate Bond ETF (BSCW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated corporate investment grade bonds with effective maturities in 2032. BSCW was launched on Sep 8, 2022 and is managed by Invesco.