Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Declines By 80.1%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 61,981 shares, a drop of 80.1% from the August 15th total of 311,671 shares. Based on an average daily volume of 360,474 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of BSCW opened at $19.97 on Friday. The firm has a 50 day simple moving average of $20.29 and a 200-day simple moving average of $20.50. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $19.95 and a 1-year high of $21.24.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were issued a $0.0844 dividend. The ex-dividend date was Monday, August 24th. This represents a c) annualized dividend and a yield of 5.1%.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC lifted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 5.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 8,589,639 shares of the company’s stock worth $179,309,000 after buying an additional 444,876 shares in the last quarter. Morgan Stanley lifted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 10.6% during the fourth quarter. Morgan Stanley now owns 4,426,019 shares of the company’s stock worth $92,393,000 after purchasing an additional 425,000 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 6.8% in the third quarter. Raymond James Financial Inc. now owns 3,125,076 shares of the company’s stock worth $65,252,000 after purchasing an additional 199,764 shares during the period. Wells Fargo & Company MN boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 33.9% in the fourth quarter. Wells Fargo & Company MN now owns 3,003,482 shares of the company’s stock worth $62,698,000 after purchasing an additional 760,857 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 1,006.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,374,029 shares of the company’s stock valued at $49,558,000 after purchasing an additional 2,159,532 shares during the last quarter.

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.