Short Interest in Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Declines By 35.2%

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 127,334 shares, a drop of 35.2% from the May 31st total of 196,355 shares. Based on an average daily volume of 372,720 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in BSCW. Northwestern Mutual Wealth Management Co. raised its position in Invesco BulletShares 2032 Corporate Bond ETF by 1,006.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,374,029 shares of the company’s stock valued at $49,558,000 after purchasing an additional 2,159,532 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Invesco BulletShares 2032 Corporate Bond ETF by 1,619.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,341,937 shares of the company’s stock worth $28,013,000 after purchasing an additional 1,263,909 shares during the period. Hengehold Capital Management LLC increased its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 159.7% during the 4th quarter. Hengehold Capital Management LLC now owns 1,859,240 shares of the company’s stock valued at $38,812,000 after purchasing an additional 1,143,235 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 4th quarter valued at approximately $19,702,000. Finally, Moneco Advisors LLC raised its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 2,286.5% during the 4th quarter. Moneco Advisors LLC now owns 918,123 shares of the company’s stock valued at $19,166,000 after buying an additional 879,651 shares during the period.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCW opened at $20.49 on Thursday. Invesco BulletShares 2032 Corporate Bond ETF has a 52 week low of $20.26 and a 52 week high of $21.24. The firm has a fifty day simple moving average of $20.53 and a two-hundred day simple moving average of $20.72.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.0831 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

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.