Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Shares Shorted: Short Interest Down 94.7% in October

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,982 shares, a decline of 94.7% from the September 30th total of 75,710 shares. Based on an average trading volume of 96,045 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Invesco BulletShares 2033 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSSX traded up $0.14 during midday trading on Monday, hitting $24.80. 34,976 shares of the stock traded hands, compared to its average volume of 31,147. The business’s 50 day moving average is $24.66 and its two-hundred day moving average is $25.47. Invesco BulletShares 2033 Municipal Bond ETF has a one year low of $23.66 and a one year high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were paid a $0.0718 dividend. The ex-dividend date of this dividend was Monday, October 19th. This is a boost from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.0683. This represents a $0.86 annualized dividend and a dividend yield of 3.5%.

Institutional Investors Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Precedent Wealth Partners LLC lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 19.2% in the third quarter. Precedent Wealth Partners LLC now owns 185,987 shares of the company’s stock worth $4,478,000 after acquiring an additional 29,977 shares during the period. IFP Advisors Inc boosted its holdings in Invesco BulletShares 2033 Municipal Bond ETF by 100.0% in the third quarter. IFP Advisors Inc now owns 16,000 shares of the company’s stock valued at $385,000 after acquiring an additional 8,000 shares in the last quarter. Hengehold Capital Management LLC bought a new stake in Invesco BulletShares 2033 Municipal Bond ETF in the third quarter valued at $239,000. Legacy Private Trust Co. bought a new stake in Invesco BulletShares 2033 Municipal Bond ETF in the third quarter valued at $730,000. Finally, Confluence Investment Management LLC purchased a new position in Invesco BulletShares 2033 Municipal Bond ETF during the 3rd quarter valued at $5,057,000.

About Invesco BulletShares 2033 Municipal Bond ETF

The Invesco BulletShares 2033 Municipal Bond ETF (BSSX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2033. BSSX was launched on Sep 20, 2023 and is issued by Invesco.