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 growth in short interest during the month of October. As of October 15th, there was short interest totalling 76,900 shares, a growth of 37.3% from the September 30th total of 56,000 shares. Based on an average trading volume of 134,000 shares, the short-interest ratio is currently 0.6 days.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of BSCW traded down $0.05 during mid-day trading on Friday, hitting $20.43. The company had a trading volume of 79,708 shares, compared to its average volume of 129,054. The business’s 50-day simple moving average is $20.84 and its 200-day simple moving average is $20.38. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $18.66 and a 1-year high of $22.61.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a $0.084 dividend. The ex-dividend date of this dividend was Monday, October 21st. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $1.01 annualized dividend and a dividend yield of 4.93%.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several hedge funds have recently modified their holdings of BSCW. Exchange Capital Management Inc. purchased a new position in Invesco BulletShares 2032 Corporate Bond ETF in the first quarter valued at approximately $1,711,000. American National Bank & Trust Co. VA purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the first quarter valued at approximately $545,000. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 11.4% during the first quarter. Commonwealth Equity Services LLC now owns 153,468 shares of the company’s stock valued at $3,108,000 after purchasing an additional 15,675 shares during the period. Cherry Tree Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the first quarter worth $306,000. Finally, Gill Capital Partners LLC increased its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 5.2% in the first quarter. Gill Capital Partners LLC now owns 410,361 shares of the company’s stock worth $8,063,000 after buying an additional 20,199 shares during the last quarter.

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.