Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Significant Growth in Short Interest

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 149,764 shares, an increase of 163.1% from the August 15th total of 56,927 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 204,768 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSCX. City Holding Co. bought a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 2nd quarter worth about $869,000. Independent Financial Group LLC bought a new position in shares of Invesco BulletShares 2033 Corporate Bond ETF in the 1st quarter valued at about $4,347,000. Bank of America Corp DE grew its position in Invesco BulletShares 2033 Corporate Bond ETF by 13.0% in the first quarter. Bank of America Corp DE now owns 414,450 shares of the company’s stock worth $8,766,000 after acquiring an additional 47,689 shares in the last quarter. Carroll Advisory Group LLC purchased a new stake in Invesco BulletShares 2033 Corporate Bond ETF during the fourth quarter valued at approximately $1,777,000. Finally, Aptus Capital Advisors LLC raised its position in Invesco BulletShares 2033 Corporate Bond ETF by 5.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 6,878,553 shares of the company’s stock valued at $147,614,000 after purchasing an additional 356,790 shares during the period.

Invesco BulletShares 2033 Corporate Bond ETF Price Performance

BSCX opened at $20.41 on Friday. The firm has a 50-day simple moving average of $20.77 and a two-hundred day simple moving average of $21.04. Invesco BulletShares 2033 Corporate Bond ETF has a 52 week low of $20.41 and a 52 week high of $21.73.

Invesco BulletShares 2033 Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.0911 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Monday, August 24th.

About Invesco BulletShares 2033 Corporate Bond ETF

The Invesco BulletShares 2033 Corporate Bond ETF (BSCX) 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 2033. BSCX was launched on Sep 20, 2023 and is issued by Invesco.