Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Drops By 18.9%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 45,400 shares, a drop of 18.9% from the January 31st total of 56,000 shares. Based on an average daily volume of 202,700 shares, the days-to-cover ratio is currently 0.2 days.

Invesco BulletShares 2032 Corporate Bond ETF Trading Down 0.3 %

NASDAQ BSCW traded down $0.07 on Thursday, reaching $20.34. 32,717 shares of the stock traded hands, compared to its average volume of 185,665. Invesco BulletShares 2032 Corporate Bond ETF has a 12 month low of $19.53 and a 12 month high of $21.50. The company has a fifty day moving average price of $20.16 and a 200-day moving average price of $20.46.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a dividend of $0.0813 per share. The ex-dividend date of this dividend was Monday, February 24th. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BSCW. Wealth Enhancement Advisory Services LLC lifted its position in Invesco BulletShares 2032 Corporate Bond ETF by 13.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,119 shares of the company’s stock valued at $506,000 after acquiring an additional 2,813 shares during the last quarter. Stephens Inc. AR boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 178.4% in the third quarter. Stephens Inc. AR now owns 74,457 shares of the company’s stock valued at $1,561,000 after purchasing an additional 47,715 shares during the last quarter. Atria Investments Inc raised its position in Invesco BulletShares 2032 Corporate Bond ETF by 37.2% during the third quarter. Atria Investments Inc now owns 55,361 shares of the company’s stock valued at $1,161,000 after acquiring an additional 15,019 shares in the last quarter. G2 Capital Management LLC OH lifted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1.3% in the 3rd quarter. G2 Capital Management LLC OH now owns 62,405 shares of the company’s stock valued at $1,309,000 after purchasing an additional 795 shares during the period. Finally, Addison Advisors LLC grew its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 17.7% during the 3rd quarter. Addison Advisors LLC now owns 195,764 shares of the company’s stock valued at $4,105,000 after acquiring an additional 29,479 shares during the period.

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.