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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 75,900 shares, a growth of 176.0% from the March 15th total of 27,500 shares. Based on an average daily volume of 192,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Invesco BulletShares 2032 Corporate Bond ETF Stock Performance

Shares of BSCW stock traded up $0.12 during trading on Tuesday, hitting $20.13. 56,784 shares of the company were exchanged, compared to its average volume of 188,445. The business’s 50-day simple moving average is $20.28 and its 200 day simple moving average is $20.33. Invesco BulletShares 2032 Corporate Bond ETF has a twelve month low of $19.53 and a twelve month high of $21.50.

Invesco BulletShares 2032 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0825 per share. This is a positive change from Invesco BulletShares 2032 Corporate Bond ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BSCW. Aptus Capital Advisors LLC raised its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 90.5% in the fourth quarter. Aptus Capital Advisors LLC now owns 4,620,491 shares of the company’s stock valued at $92,918,000 after purchasing an additional 2,195,237 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF in the 4th quarter worth $57,284,000. Wells Fargo & Company MN raised its position in shares of Invesco BulletShares 2032 Corporate Bond ETF by 12.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,025,931 shares of the company’s stock valued at $40,741,000 after buying an additional 217,230 shares during the last quarter. Motley Fool Wealth Management LLC lifted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 58.2% in the fourth quarter. Motley Fool Wealth Management LLC now owns 1,679,205 shares of the company’s stock valued at $33,697,000 after buying an additional 617,445 shares during the period. Finally, Atlantic Union Bankshares Corp increased its stake in Invesco BulletShares 2032 Corporate Bond ETF by 8.4% during the fourth quarter. Atlantic Union Bankshares Corp now owns 1,246,420 shares of the company’s stock valued at $25,065,000 after acquiring an additional 96,586 shares during the period.

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.