Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Rises By 64.2%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 196,355 shares, a growth of 64.2% from the May 14th total of 119,589 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 395,705 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several institutional investors have recently modified their holdings of BSCW. Western Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 1st quarter valued at approximately $51,000. SJS Investment Consulting Inc. bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 1st quarter valued at approximately $66,000. International Assets Investment Management LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 1st quarter valued at approximately $77,000. Comerica Bank lifted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 44.5% in the 3rd quarter. Comerica Bank now owns 3,942 shares of the company’s stock valued at $82,000 after purchasing an additional 1,214 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at approximately $92,000.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

NASDAQ BSCW opened at $20.56 on Tuesday. The business has a 50 day simple moving average of $20.58 and a two-hundred day simple moving average of $20.76. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $20.26 and a 1-year high of $21.24.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a $0.0841 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly 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.