Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Declines By 55.9%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a large drop in short interest in December. As of December 31st, there was short interest totaling 64,158 shares, a drop of 55.9% from the December 15th total of 145,393 shares. Based on an average daily volume of 406,439 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 406,439 shares, the short-interest ratio is currently 0.2 days.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCW opened at $20.95 on Thursday. The business has a 50 day simple moving average of $20.89 and a 200 day simple moving average of $20.82. Invesco BulletShares 2032 Corporate Bond ETF has a 52 week low of $19.62 and a 52 week high of $21.66.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.0826 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, December 22nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BSCW. CWM LLC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at $25,000. Comerica Bank raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 44.5% during the third quarter. Comerica Bank now owns 3,942 shares of the company’s stock valued at $82,000 after buying an additional 1,214 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the third quarter worth about $92,000. Horizons Wealth Management acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the third quarter worth about $133,000. Finally, Front Row Advisors LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 2nd quarter worth about $172,000.

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.