InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Update

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Stephens Inc. AR boosted its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 26.7% in the 4th quarter. Stephens Inc. AR now owns 71,795 shares of the company’s stock worth $1,480,000 after purchasing an additional 15,138 shares during the period. Strategic Financial Concepts LLC boosted its stake in InvescoBulletShares2033 Corporate Bond ETF by 3,297.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 755,626 shares of the company’s stock worth $15,581,000 after buying an additional 733,382 shares during the period. YANKCOM Partnership bought a new position in InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter valued at $84,000. Independence Bank of Kentucky grew its position in InvescoBulletShares2033 Corporate Bond ETF by 24.2% in the 4th quarter. Independence Bank of Kentucky now owns 37,822 shares of the company’s stock valued at $780,000 after acquiring an additional 7,364 shares during the last quarter. Finally, Asset Dedication LLC increased its stake in InvescoBulletShares2033 Corporate Bond ETF by 174.1% in the fourth quarter. Asset Dedication LLC now owns 65,329 shares of the company’s stock worth $1,347,000 after purchasing an additional 41,493 shares during the period.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

NASDAQ:BSCX traded down $0.01 during mid-day trading on Tuesday, hitting $20.68. 112,753 shares of the company traded hands, compared to its average volume of 140,839. The stock’s fifty day moving average price is $20.75 and its 200-day moving average price is $21.07. InvescoBulletShares2033 Corporate Bond ETF has a one year low of $20.06 and a one year high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were issued a $0.0856 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.