Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Decline in Short Interest

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 55,027 shares, a decrease of 63.1% from the April 30th total of 149,049 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 200,854 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the business. Aptus Capital Advisors LLC raised its position in Invesco BulletShares 2033 Corporate Bond ETF by 5.5% in the 4th 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 last quarter. Raymond James Financial Inc. grew its position in Invesco BulletShares 2033 Corporate Bond ETF by 7.1% during the 3rd quarter. Raymond James Financial Inc. now owns 2,889,931 shares of the company’s stock worth $62,047,000 after purchasing an additional 192,133 shares during the last quarter. Clearstead Advisors LLC increased its stake in Invesco BulletShares 2033 Corporate Bond ETF by 157.8% in the fourth quarter. Clearstead Advisors LLC now owns 2,449,217 shares of the company’s stock valued at $52,560,000 after purchasing an additional 1,499,330 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 2.0% in the third quarter. Ameriprise Financial Inc. now owns 2,326,905 shares of the company’s stock valued at $49,960,000 after buying an additional 46,656 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Invesco BulletShares 2033 Corporate Bond ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 1,833,315 shares of the company’s stock valued at $39,343,000 after buying an additional 206,291 shares during the last quarter.

Invesco BulletShares 2033 Corporate Bond ETF Stock Performance

NASDAQ:BSCX opened at $21.13 on Friday. The stock’s fifty day moving average is $21.15 and its two-hundred day moving average is $21.36. Invesco BulletShares 2033 Corporate Bond ETF has a 52 week low of $20.78 and a 52 week high of $21.86.

Invesco BulletShares 2033 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a $0.0872 dividend. The ex-dividend date of this dividend was Monday, May 18th. This is an increase from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 5.0%.

Invesco BulletShares 2033 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.