Short Interest in InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Drops By 63.4%

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 25,100 shares, a decline of 63.4% from the December 15th total of 68,600 shares. Based on an average daily trading volume, of 118,200 shares, the short-interest ratio is presently 0.2 days.

InvescoBulletShares2033 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCX traded down $0.03 during midday trading on Tuesday, reaching $20.28. 36,613 shares of the company traded hands, compared to its average volume of 140,247. The stock has a 50-day moving average price of $20.82 and a 200 day moving average price of $21.08. InvescoBulletShares2033 Corporate Bond ETF has a 52 week low of $20.06 and a 52 week high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.0907 dividend. This is a positive change from InvescoBulletShares2033 Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Raymond James & Associates raised its holdings in InvescoBulletShares2033 Corporate Bond ETF by 216.9% during the third quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock worth $35,157,000 after purchasing an additional 1,115,129 shares in the last quarter. BCS Wealth Management lifted its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 21.9% in the fourth quarter. BCS Wealth Management now owns 408,824 shares of the company’s stock valued at $8,430,000 after buying an additional 73,550 shares during the period. Beacon Harbor Wealth Advisors Inc. grew its holdings in InvescoBulletShares2033 Corporate Bond ETF by 4.6% during the third quarter. Beacon Harbor Wealth Advisors Inc. now owns 344,079 shares of the company’s stock worth $7,425,000 after acquiring an additional 15,210 shares during the period. Addison Advisors LLC raised its position in InvescoBulletShares2033 Corporate Bond ETF by 20.6% in the third quarter. Addison Advisors LLC now owns 184,603 shares of the company’s stock worth $3,984,000 after acquiring an additional 31,551 shares in the last quarter. Finally, MONECO Advisors LLC lifted its holdings in InvescoBulletShares2033 Corporate Bond ETF by 39.8% in the 3rd quarter. MONECO Advisors LLC now owns 111,677 shares of the company’s stock valued at $2,410,000 after acquiring an additional 31,805 shares during the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Company Profile

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.