Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Short Interest Up 413.2% in February

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 584,836 shares, an increase of 413.2% from the January 29th total of 113,957 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 410,125 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 410,125 shares, the short-interest ratio is currently 1.4 days. Approximately 0.9% of the shares of the stock are sold short.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

BSCW opened at $21.00 on Thursday. Invesco BulletShares 2032 Corporate Bond ETF has a 52-week low of $19.62 and a 52-week high of $21.66. The business’s fifty day moving average is $20.91 and its 200-day moving average is $20.90.

Invesco BulletShares 2032 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be given a dividend of $0.0792 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a c) annualized dividend and a yield of 4.5%.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Aptus Capital Advisors LLC boosted its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 5.5% during the 4th quarter. Aptus Capital Advisors LLC now owns 8,589,639 shares of the company’s stock worth $179,309,000 after acquiring an additional 444,876 shares in the last quarter. Morgan Stanley lifted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 10.6% during the fourth quarter. Morgan Stanley now owns 4,426,019 shares of the company’s stock worth $92,393,000 after purchasing an additional 425,000 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 6.8% in the 3rd quarter. Raymond James Financial Inc. now owns 3,125,076 shares of the company’s stock valued at $65,252,000 after purchasing an additional 199,764 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 33.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,003,482 shares of the company’s stock valued at $62,698,000 after purchasing an additional 760,857 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,006.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,374,029 shares of the company’s stock worth $49,558,000 after buying an additional 2,159,532 shares in the last quarter.

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.