Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Sees Significant Growth in Short Interest

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 27,500 shares, an increase of 118.3% from the February 28th total of 12,600 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 198,300 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its position in Invesco BulletShares 2032 Corporate Bond ETF by 105.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 49,664 shares of the company’s stock valued at $999,000 after purchasing an additional 25,545 shares during the last quarter. Wilkins Miller Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 4th quarter valued at $673,000. Vista Investment Management bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 4th quarter worth $768,000. Waverly Advisors LLC lifted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 17.4% during the 4th quarter. Waverly Advisors LLC now owns 14,874 shares of the company’s stock worth $299,000 after acquiring an additional 2,200 shares during the last quarter. Finally, Ellevest Inc. grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 7.9% in the fourth quarter. Ellevest Inc. now owns 72,776 shares of the company’s stock worth $1,464,000 after acquiring an additional 5,345 shares in the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

NASDAQ:BSCW opened at $20.33 on Friday. Invesco BulletShares 2032 Corporate Bond ETF has a 52-week low of $19.53 and a 52-week high of $21.50. The stock has a fifty day moving average of $20.26 and a 200 day moving average of $20.41.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.0825 per share. 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.

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.