InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Up 119.4% in October

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 74,600 shares, an increase of 119.4% from the September 30th total of 34,000 shares. Based on an average daily volume of 120,200 shares, the days-to-cover ratio is presently 0.6 days.

InvescoBulletShares2033 Corporate Bond ETF Trading Down 0.2 %

BSCX stock traded down $0.05 during mid-day trading on Friday, hitting $20.98. 82,997 shares of the company were exchanged, compared to its average volume of 97,610. The business has a 50 day simple moving average of $21.45 and a 200-day simple moving average of $20.97. InvescoBulletShares2033 Corporate Bond ETF has a 1-year low of $19.13 and a 1-year high of $23.29.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a dividend of $0.088 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 5.03%. This is a boost from InvescoBulletShares2033 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, October 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. MONECO Advisors LLC lifted its holdings in InvescoBulletShares2033 Corporate Bond ETF by 39.8% during the 3rd quarter. MONECO Advisors LLC now owns 111,677 shares of the company’s stock worth $2,410,000 after purchasing an additional 31,805 shares in the last quarter. Eastern Bank purchased a new position in InvescoBulletShares2033 Corporate Bond ETF in the 3rd quarter worth $57,000. Raymond James & Associates lifted its position in InvescoBulletShares2033 Corporate Bond ETF by 216.9% in the third quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock valued at $35,157,000 after purchasing an additional 1,115,129 shares during the last quarter. BCS Wealth Management grew its holdings in InvescoBulletShares2033 Corporate Bond ETF by 77.8% in the 3rd quarter. BCS Wealth Management now owns 335,274 shares of the company’s stock worth $7,235,000 after acquiring an additional 146,706 shares during the last quarter. Finally, Asset Dedication LLC grew its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 58.7% in the 3rd quarter. Asset Dedication LLC now owns 23,836 shares of the company’s stock worth $514,000 after buying an additional 8,817 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.