Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Increases By 37.3%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 76,900 shares, an increase of 37.3% from the September 30th total of 56,000 shares. Based on an average trading volume of 134,000 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

A number of large investors have recently modified their holdings of BSCW. Raymond James & Associates grew its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 382.7% in the 2nd quarter. Raymond James & Associates now owns 1,305,613 shares of the company’s stock worth $26,138,000 after acquiring an additional 1,035,140 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of 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 buying an additional 469,777 shares in the last quarter. Aptus Capital Advisors LLC boosted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 33.1% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,760,863 shares of the company’s stock worth $35,252,000 after buying an additional 437,762 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,386.2% in the second quarter. Strategic Financial Concepts LLC now owns 345,907 shares of the company’s stock valued at $69,000 after acquiring an additional 322,633 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 22.5% during the second quarter. Atlantic Union Bankshares Corp now owns 986,339 shares of the company’s stock valued at $19,746,000 after acquiring an additional 181,473 shares during the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of BSCW stock traded down $0.03 on Monday, reaching $20.40. 148,280 shares of the company were exchanged, compared to its average volume of 129,147. Invesco BulletShares 2032 Corporate Bond ETF has a one year low of $18.66 and a one year high of $22.61. The company has a 50-day moving average of $20.84 and a 200-day moving average of $20.38.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were issued a dividend of $0.084 per share. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, October 21st. This represents a $1.01 annualized dividend and a dividend yield of 4.94%.

About Invesco BulletShares 2032 Corporate Bond ETF

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.