Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Rises By 71.9%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 87,300 shares, an increase of 71.9% from the June 30th total of 50,800 shares. Based on an average daily trading volume, of 105,700 shares, the short-interest ratio is currently 0.8 days.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

NASDAQ BSCW opened at $20.28 on Friday. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $18.54 and a 1-year high of $22.61. The stock has a 50-day moving average of $20.15 and a 200-day moving average of $20.14.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 26th. Stockholders of record on Monday, July 22nd will be paid a dividend of $0.092 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date is Monday, July 22nd. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BSCW. Independence Bank of Kentucky lifted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 68.2% during the second quarter. Independence Bank of Kentucky now owns 44,776 shares of the company’s stock valued at $896,000 after purchasing an additional 18,151 shares in the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 22.5% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 986,339 shares of the company’s stock valued at $19,746,000 after acquiring an additional 181,473 shares during the last quarter. &PARTNERS bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the second quarter worth approximately $537,000. Eastern Bank raised its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 6.3% during the second quarter. Eastern Bank now owns 1,416,653 shares of the company’s stock valued at $28,361,000 after purchasing an additional 84,497 shares during the last quarter. Finally, Exchange Capital Management Inc. lifted its position in Invesco BulletShares 2032 Corporate Bond ETF by 43.7% during the second quarter. Exchange Capital Management Inc. now owns 121,395 shares of the company’s stock valued at $2,430,000 after purchasing an additional 36,895 shares during the period.

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.