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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 266,882 shares, an increase of 300.1% from the September 30th total of 66,701 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 483,646 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BSCW. Noble Wealth Management PBC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the third quarter worth about $35,000. Western Wealth Management LLC acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF in the first quarter valued at approximately $51,000. SJS Investment Consulting Inc. acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF in the first quarter valued at approximately $66,000. Laurel Wealth Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the third quarter valued at approximately $71,000. Finally, Bank of New Hampshire bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the third quarter valued at approximately $74,000.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

Invesco BulletShares 2032 Corporate Bond ETF stock traded down $0.01 during mid-day trading on Wednesday, reaching $19.79. The company’s stock had a trading volume of 514,973 shares, compared to its average volume of 365,649. The business has a 50 day moving average price of $19.89 and a 200-day moving average price of $20.44. Invesco BulletShares 2032 Corporate Bond ETF has a twelve month low of $19.55 and a twelve month high of $21.24.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a $0.0833 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, October 19th. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.0794.

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.