Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Significant Decrease in Short Interest

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 61,981 shares, a decrease of 80.1% from the August 15th total of 311,671 shares. Based on an average daily volume of 360,474 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Western Wealth Management LLC purchased a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth $51,000. SJS Investment Consulting Inc. acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the 1st quarter valued at approximately $66,000. International Assets Investment Management LLC bought a new position in Invesco BulletShares 2032 Corporate Bond ETF in the 1st quarter valued at about $77,000. Comerica Bank lifted its position in Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the third quarter. Comerica Bank now owns 3,942 shares of the company’s stock worth $82,000 after purchasing an additional 1,214 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 3rd quarter valued at about $92,000.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCW traded down $0.04 during midday trading on Friday, reaching $19.91. The company’s stock had a trading volume of 426,524 shares, compared to its average volume of 338,684. The business has a 50 day moving average price of $20.27 and a 200 day moving average price of $20.50. Invesco BulletShares 2032 Corporate Bond ETF has a 1 year low of $19.90 and a 1 year high of $21.24.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a dividend of $0.0844 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 5.1%.

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.