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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 17,300 shares, a decline of 5.5% from the March 15th total of 18,300 shares. Based on an average daily trading volume, of 157,100 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Independence Bank of Kentucky increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 81.7% in the 1st quarter. Independence Bank of Kentucky now owns 26,625 shares of the company’s stock worth $539,000 after purchasing an additional 11,970 shares during the last quarter. Atlantic Union Bankshares Corp increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 20.9% in the 1st quarter. Atlantic Union Bankshares Corp now owns 804,866 shares of the company’s stock worth $16,299,000 after purchasing an additional 138,946 shares during the last quarter. Tlwm increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 25.5% in the 1st quarter. Tlwm now owns 63,737 shares of the company’s stock worth $1,291,000 after purchasing an additional 12,941 shares during the last quarter. Sterling Financial Group Inc. increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 3,723.2% in the 1st quarter. Sterling Financial Group Inc. now owns 521,363 shares of the company’s stock worth $10,558,000 after purchasing an additional 507,726 shares during the last quarter. Finally, BCS Wealth Management increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 28.9% in the 1st quarter. BCS Wealth Management now owns 78,961 shares of the company’s stock worth $1,599,000 after purchasing an additional 17,712 shares during the last quarter.

Invesco BulletShares 2032 Corporate Bond ETF Stock Down 0.3 %

Invesco BulletShares 2032 Corporate Bond ETF stock opened at $19.66 on Wednesday. Invesco BulletShares 2032 Corporate Bond ETF has a 12-month low of $18.54 and a 12-month high of $22.61. The firm’s fifty day moving average price is $20.13 and its 200 day moving average price is $19.93.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a dividend of $0.0792 per share. This represents a $0.95 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend was Monday, March 18th.

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.