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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 196,000 shares, anincreaseof133.3% from the July 15th total of 84,000 shares. Currently,0.4% of the company’s stock are sold short. Based on an average trading volume of 200,800 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 200,800 shares, the short-interest ratio is presently 1.0 days. Currently,0.4% of the company’s stock are sold short.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of BSCW stock opened at $20.73 on Friday. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $19.62 and a 1-year high of $21.66. The firm has a fifty day moving average of $20.55 and a two-hundred day moving average of $20.36.

Invesco BulletShares 2032 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 25th. Investors of record on Monday, July 21st were given a dividend of $0.0841 per share. The ex-dividend date of this dividend was Monday, July 21st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 12.5% during the first quarter. Aptus Capital Advisors LLC now owns 5,198,649 shares of the company’s stock valued at $105,896,000 after purchasing an additional 578,158 shares in the last quarter. Raymond James Financial Inc. grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 5.5% in the first quarter. Raymond James Financial Inc. now owns 3,004,075 shares of the company’s stock worth $61,193,000 after acquiring an additional 155,557 shares in the last quarter. Atlantic Union Bankshares Corp grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 6.6% in the second quarter. Atlantic Union Bankshares Corp now owns 1,548,848 shares of the company’s stock worth $31,904,000 after acquiring an additional 95,842 shares in the last quarter. LPL Financial LLC grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 31.9% in the first quarter. LPL Financial LLC now owns 1,501,862 shares of the company’s stock worth $30,593,000 after acquiring an additional 362,888 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 1,003.3% in the first quarter. Jane Street Group LLC now owns 1,305,664 shares of the company’s stock worth $26,596,000 after acquiring an additional 1,187,323 shares in 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.