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

Invesco BulletShares 2032 Corporate Bond ETF (NASDAQ:BSCW) was the recipient of a large 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. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 372,720 shares, the days-to-cover ratio is currently 0.3 days.

Invesco BulletShares 2032 Corporate Bond ETF Stock Down 0.1%

BSCW stock opened at $20.49 on Thursday. Invesco BulletShares 2032 Corporate Bond ETF has a 12 month low of $20.26 and a 12 month high of $21.24. The company has a 50-day moving average price of $20.53 and a 200 day moving average price of $20.72.

Invesco BulletShares 2032 Corporate Bond ETF Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BSCW. Asset Dedication LLC grew its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 13.0% during the first quarter. Asset Dedication LLC now owns 358,319 shares of the company’s stock valued at $7,377,000 after buying an additional 41,360 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2032 Corporate Bond ETF during the 1st quarter worth approximately $51,000. Bank of America Corp DE lifted its stake in shares of Invesco BulletShares 2032 Corporate Bond ETF by 9.8% during the 1st quarter. Bank of America Corp DE now owns 690,831 shares of the company’s stock worth $14,222,000 after acquiring an additional 61,900 shares during the last quarter. Royal Bank of Canada boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 22.4% during the 1st quarter. Royal Bank of Canada now owns 994,559 shares of the company’s stock valued at $20,476,000 after acquiring an additional 181,725 shares during the period. Finally, Waverly Advisors LLC boosted its holdings in Invesco BulletShares 2032 Corporate Bond ETF by 9.1% during the 1st quarter. Waverly Advisors LLC now owns 17,913 shares of the company’s stock valued at $369,000 after acquiring an additional 1,495 shares during the period.

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.