InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Decrease in Short Interest

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 34,700 shares, a decrease of 20.0% from the March 31st total of 43,400 shares. Based on an average daily volume of 84,200 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSCX. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the first quarter worth $19,481,000. Cookson Peirce & Co. Inc. acquired a new stake in InvescoBulletShares2033 Corporate Bond ETF in the 4th quarter valued at about $8,502,000. Carolina Wealth Advisors LLC lifted its stake in InvescoBulletShares2033 Corporate Bond ETF by 2,472.0% in the 1st quarter. Carolina Wealth Advisors LLC now owns 223,634 shares of the company’s stock worth $4,663,000 after purchasing an additional 214,939 shares in the last quarter. Addison Advisors LLC acquired a new position in shares of InvescoBulletShares2033 Corporate Bond ETF during the 4th quarter worth approximately $2,577,000. Finally, MONECO Advisors LLC purchased a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF in the first quarter valued at approximately $1,161,000.

InvescoBulletShares2033 Corporate Bond ETF Trading Up 0.3 %

BSCX stock traded up $0.07 during trading on Monday, hitting $20.31. The stock had a trading volume of 95,986 shares, compared to its average volume of 89,334. The company’s 50-day moving average price is $20.65 and its two-hundred day moving average price is $20.53. InvescoBulletShares2033 Corporate Bond ETF has a twelve month low of $19.05 and a twelve month high of $23.29.

InvescoBulletShares2033 Corporate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were given a dividend of $0.0883 per share. This represents a $1.06 annualized dividend and a dividend yield of 5.22%. The ex-dividend date of this dividend was Monday, April 22nd.

About InvescoBulletShares2033 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.