Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) Shares Shorted: Short Interest Up 300.1% in October

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 266,882 shares, an increase of 300.1% from the September 30th total of 66,701 shares. Based on an average daily trading volume, of 483,646 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

Invesco BulletShares 2032 Corporate Bond ETF Stock Up 0.2%

Shares of BSCW traded up $0.03 during mid-day trading on Thursday, hitting $19.82. The company’s stock had a trading volume of 607,495 shares, compared to its average volume of 366,883. The firm has a 50-day simple moving average of $19.88 and a 200 day simple moving average of $20.43. Invesco BulletShares 2032 Corporate Bond ETF has a 1-year low of $19.55 and a 1-year high of $21.24.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were given a $0.0833 dividend. This is an increase from Invesco BulletShares 2032 Corporate Bond ETF’s previous monthly dividend of $0.0794. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Monday, October 19th.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Noble Wealth Management PBC acquired a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the third quarter worth $35,000. Western Wealth Management LLC purchased a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth approximately $51,000. SJS Investment Consulting Inc. acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the first quarter valued at $66,000. Laurel Wealth Advisors LLC acquired a new position in Invesco BulletShares 2032 Corporate Bond ETF in the third quarter worth about $71,000. Finally, Bank of New Hampshire bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at approximately $74,000.

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.