Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Up 58.5% in May

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 87,218 shares, an increase of 58.5% from the May 14th total of 55,027 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 331,732 shares, the days-to-cover ratio is presently 0.3 days.

Invesco BulletShares 2033 Corporate Bond ETF Stock Up 0.1%

Invesco BulletShares 2033 Corporate Bond ETF stock traded up $0.03 during trading hours on Tuesday, hitting $21.16. The stock had a trading volume of 41,692 shares, compared to its average volume of 214,069. Invesco BulletShares 2033 Corporate Bond ETF has a 1-year low of $20.78 and a 1-year high of $21.86. The stock’s fifty day moving average is $21.15 and its two-hundred day moving average is $21.33.

Invesco BulletShares 2033 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a $0.0872 dividend. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 4.9%. This is a boost from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Asset Dedication LLC raised its position in Invesco BulletShares 2033 Corporate Bond ETF by 18.8% during the first quarter. Asset Dedication LLC now owns 267,433 shares of the company’s stock worth $5,656,000 after acquiring an additional 42,370 shares during the last quarter. Allen Capital Group LLC grew its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 12.7% in the first quarter. Allen Capital Group LLC now owns 19,677 shares of the company’s stock valued at $416,000 after purchasing an additional 2,210 shares during the last quarter. Bank of America Corp DE grew its position in shares of Invesco BulletShares 2033 Corporate Bond ETF by 13.0% in the first quarter. Bank of America Corp DE now owns 414,450 shares of the company’s stock valued at $8,766,000 after purchasing an additional 47,689 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 94.4% during the 1st quarter. Royal Bank of Canada now owns 383,288 shares of the company’s stock worth $8,107,000 after purchasing an additional 186,120 shares in the last quarter. Finally, Waverly Advisors LLC increased its stake in shares of Invesco BulletShares 2033 Corporate Bond ETF by 20.9% during the 1st quarter. Waverly Advisors LLC now owns 18,861 shares of the company’s stock worth $399,000 after purchasing an additional 3,261 shares in the last quarter.

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.