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

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

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of 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 company’s fifty day simple moving average is $20.13 and its two-hundred day simple moving average is $19.93.

Invesco BulletShares 2032 Corporate Bond ETF Dividend Announcement

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

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

A number of large investors have recently modified their holdings of the stock. Comerica Bank boosted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 31.5% during the 4th quarter. Comerica Bank now owns 3,180 shares of the company’s stock valued at $66,000 after purchasing an additional 762 shares in the last quarter. Independence Bank of Kentucky boosted its stake in Invesco BulletShares 2032 Corporate Bond ETF by 5.7% during the fourth quarter. Independence Bank of Kentucky now owns 14,655 shares of the company’s stock worth $303,000 after acquiring an additional 795 shares in the last quarter. Vima LLC bought a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the fourth quarter worth about $30,000. Capital Analysts LLC bought a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the fourth quarter worth about $32,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the fourth quarter worth about $44,000.

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.