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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 56,000 shares, a decrease of 38.8% from the September 15th total of 91,500 shares. Based on an average daily volume of 136,500 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco BulletShares 2032 Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSCW. Novare Capital Management LLC acquired a new position in shares of Invesco BulletShares 2032 Corporate Bond ETF in the 3rd quarter valued at $453,000. Independence Bank of Kentucky boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 6.8% in the third quarter. Independence Bank of Kentucky now owns 47,806 shares of the company’s stock valued at $1,002,000 after acquiring an additional 3,030 shares during the last quarter. Gill Capital Partners LLC boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 7.5% in the third quarter. Gill Capital Partners LLC now owns 460,347 shares of the company’s stock valued at $9,653,000 after acquiring an additional 31,988 shares during the last quarter. Davis Capital Management grew its position in Invesco BulletShares 2032 Corporate Bond ETF by 10.4% during the third quarter. Davis Capital Management now owns 10,465 shares of the company’s stock valued at $219,000 after acquiring an additional 985 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Invesco BulletShares 2032 Corporate Bond ETF during the second quarter worth about $822,000.

Invesco BulletShares 2032 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCW opened at $20.72 on Monday. The stock’s 50-day moving average price is $20.84 and its two-hundred day moving average price is $20.35. Invesco BulletShares 2032 Corporate Bond ETF has a 12-month low of $18.54 and a 12-month high of $22.61.

Invesco BulletShares 2032 Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.083 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.00 annualized dividend and a dividend yield of 4.81%.

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.