Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Drops By 77.4%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 40,400 shares, a decrease of 77.4% from the December 31st total of 178,500 shares. Based on an average daily volume of 172,800 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSCW. Aptus Capital Advisors LLC increased its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 37.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 2,425,254 shares of the company’s stock worth $50,858,000 after purchasing an additional 664,391 shares during the last quarter. Raymond James & Associates increased its position in Invesco BulletShares 2032 Corporate Bond ETF by 27.2% in the third quarter. Raymond James & Associates now owns 1,660,773 shares of the company’s stock worth $34,826,000 after buying an additional 355,160 shares during the last quarter. Eastern Bank raised its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1.3% in the third quarter. Eastern Bank now owns 1,435,537 shares of the company’s stock valued at $30,103,000 after buying an additional 18,884 shares during the period. Atlantic Union Bankshares Corp lifted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 16.6% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 1,149,834 shares of the company’s stock valued at $24,110,000 after buying an additional 163,495 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 3,209.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 760,355 shares of the company’s stock worth $15,291,000 after acquiring an additional 737,378 shares during the period.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

BSCW traded down $0.01 during midday trading on Tuesday, reaching $20.15. 131,089 shares of the company were exchanged, compared to its average volume of 235,815. Invesco BulletShares 2032 Corporate Bond ETF has a one year low of $19.53 and a one year high of $21.50. The company’s fifty day moving average price is $20.23 and its 200 day moving average price is $20.50.

Invesco BulletShares 2032 Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were given a dividend of $0.0812 per share. The ex-dividend date was Tuesday, January 21st.

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.