Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Short Interest Down 34.6% in May

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 13,215 shares, a decline of 34.6% from the May 14th total of 20,220 shares. Based on an average daily volume of 25,361 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Invesco BulletShares 2033 Municipal Bond ETF Stock Up 0.1%

NASDAQ BSSX traded up $0.03 on Tuesday, reaching $25.77. The company had a trading volume of 1,912 shares, compared to its average volume of 23,307. Invesco BulletShares 2033 Municipal Bond ETF has a 1 year low of $24.67 and a 1 year high of $26.61. The firm has a 50-day moving average of $25.66 and a 200-day moving average of $25.80.

Invesco BulletShares 2033 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were issued a $0.0712 dividend. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, May 18th.

Hedge Funds Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BSSX. Fifth Third Bancorp purchased a new position in Invesco BulletShares 2033 Municipal Bond ETF in the 1st quarter worth approximately $72,000. Osaic Holdings Inc. lifted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 23.6% in the second quarter. Osaic Holdings Inc. now owns 3,592 shares of the company’s stock worth $90,000 after acquiring an additional 686 shares in the last quarter. Ascentis Independent Advisors acquired a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF in the first quarter worth about $140,000. Avior Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF in the fourth quarter worth about $201,000. Finally, IFP Advisors Inc acquired a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF in the third quarter worth about $204,000.

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.