Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Shares Shorted: Short Interest Down 94.7% in October

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 3,982 shares, a decline of 94.7% from the September 30th total of 75,710 shares. Based on an average daily trading volume, of 96,045 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in BSSX. D.A. Davidson & CO. bought a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF in the 3rd quarter valued at $273,000. Precedent Wealth Partners LLC grew its position in Invesco BulletShares 2033 Municipal Bond ETF by 19.2% in the third quarter. Precedent Wealth Partners LLC now owns 185,987 shares of the company’s stock valued at $4,478,000 after acquiring an additional 29,977 shares during the last quarter. IFP Advisors Inc raised its stake in Invesco BulletShares 2033 Municipal Bond ETF by 100.0% during the third quarter. IFP Advisors Inc now owns 16,000 shares of the company’s stock worth $385,000 after acquiring an additional 8,000 shares in the last quarter. Hengehold Capital Management LLC acquired a new position in Invesco BulletShares 2033 Municipal Bond ETF during the third quarter worth about $239,000. Finally, Legacy Private Trust Co. bought a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF in the third quarter worth about $730,000.

Invesco BulletShares 2033 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSSX traded down $0.11 during trading on Wednesday, reaching $24.72. 28,532 shares of the company traded hands, compared to its average volume of 31,062. Invesco BulletShares 2033 Municipal Bond ETF has a 52 week low of $23.66 and a 52 week high of $26.61. The company’s 50 day moving average is $24.63 and its two-hundred day moving average is $25.46.

Invesco BulletShares 2033 Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were issued a dividend of $0.0718 per share. This is a boost from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.0683. The ex-dividend date of this dividend was Monday, October 19th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 3.5%.

About Invesco BulletShares 2033 Municipal Bond ETF

The Invesco BulletShares 2033 Municipal Bond ETF (BSSX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2033. BSSX was launched on Sep 20, 2023 and is issued by Invesco.