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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 75,900 shares, an increase of 176.0% from the March 15th total of 27,500 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 192,400 shares, the days-to-cover ratio is currently 0.4 days.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

BSCW stock traded up $0.04 during mid-day trading on Wednesday, hitting $20.16. The stock had a trading volume of 26,252 shares, compared to its average volume of 149,377. The firm has a fifty day simple moving average of $20.28 and a 200 day simple moving average of $20.33. Invesco BulletShares 2032 Corporate Bond ETF has a 52 week low of $19.53 and a 52 week high of $21.50.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.0825 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous dividend of $0.08.

Institutional Trading of Invesco BulletShares 2032 Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Sterling Financial Group Inc. lifted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 0.4% during the first quarter. Sterling Financial Group Inc. now owns 589,738 shares of the company’s stock worth $12,013,000 after purchasing an additional 2,291 shares during the last quarter. Redhawk Wealth Advisors Inc. bought a new position in Invesco BulletShares 2032 Corporate Bond ETF during the first quarter valued at approximately $411,000. BCS Wealth Management boosted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 8.2% during the 1st quarter. BCS Wealth Management now owns 224,719 shares of the company’s stock worth $4,578,000 after acquiring an additional 17,115 shares during the last quarter. Bank of New Hampshire boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 192.3% in the 1st quarter. Bank of New Hampshire now owns 3,800 shares of the company’s stock worth $77,000 after buying an additional 2,500 shares during the period. Finally, Butensky & Cohen Financial Security Inc. increased its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 10.0% in the 1st quarter. Butensky & Cohen Financial Security Inc. now owns 56,788 shares of the company’s stock valued at $1,157,000 after acquiring an additional 5,164 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.