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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 45,400 shares, a drop of 18.9% from the January 31st total of 56,000 shares. Based on an average daily volume of 202,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Dover Advisors LLC raised its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 4.0% during the 4th quarter. Dover Advisors LLC now owns 17,007 shares of the company’s stock worth $342,000 after buying an additional 650 shares in the last quarter. Aveo Capital Partners LLC grew its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 4.7% during the fourth quarter. Aveo Capital Partners LLC now owns 15,407 shares of the company’s stock worth $310,000 after acquiring an additional 695 shares during the period. G2 Capital Management LLC OH raised its position in Invesco BulletShares 2032 Corporate Bond ETF by 1.3% in the fourth quarter. G2 Capital Management LLC OH now owns 63,188 shares of the company’s stock worth $1,271,000 after acquiring an additional 783 shares in the last quarter. Davis Capital Management raised its position in Invesco BulletShares 2032 Corporate Bond ETF by 9.8% in the fourth quarter. Davis Capital Management now owns 11,486 shares of the company’s stock worth $231,000 after acquiring an additional 1,021 shares in the last quarter. Finally, Bank of New Hampshire acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the fourth quarter valued at $26,000.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

Shares of NASDAQ BSCW traded down $0.06 during midday trading on Tuesday, reaching $20.45. 116,655 shares of the company were exchanged, compared to its average volume of 187,535. Invesco BulletShares 2032 Corporate Bond ETF has a 1 year low of $19.53 and a 1 year high of $21.50. The stock has a fifty day simple moving average of $20.15 and a 200 day simple moving average of $20.47.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a dividend of $0.0813 per share. The ex-dividend date was Monday, February 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.