Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Large Growth in Short Interest

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 75,710 shares, an increase of 4,655.7% from the September 15th total of 1,592 shares. Based on an average daily volume of 58,021 shares, the short-interest ratio is presently 1.3 days. Currently, 1.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

Several large investors have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 10.3% in the 1st quarter. Royal Bank of Canada now owns 20,394 shares of the company’s stock valued at $518,000 after buying an additional 1,902 shares during the period. Fifth Third Bancorp bought a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF during the first quarter valued at about $72,000. D.A. Davidson & CO. boosted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 23.5% in the 1st quarter. D.A. Davidson & CO. now owns 15,250 shares of the company’s stock worth $388,000 after buying an additional 2,900 shares during the last quarter. Tassel Capital Management Inc. grew its stake in Invesco BulletShares 2033 Municipal Bond ETF by 34.2% in the 4th quarter. Tassel Capital Management Inc. now owns 15,122 shares of the company’s stock valued at $391,000 after purchasing an additional 3,853 shares during the period. Finally, Envision Financial Planning LLC boosted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 4.3% in the first quarter. Envision Financial Planning LLC now owns 101,913 shares of the company’s stock valued at $2,590,000 after acquiring an additional 4,207 shares during the last quarter.

Invesco BulletShares 2033 Municipal Bond ETF Stock Performance

Shares of NASDAQ BSSX opened at $24.21 on Friday. Invesco BulletShares 2033 Municipal Bond ETF has a 52 week low of $23.66 and a 52 week high of $26.61. The stock’s fifty day moving average is $24.85 and its 200 day moving average is $25.35.

Invesco BulletShares 2033 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.0683 per share. The ex-dividend date was Monday, September 21st. This represents a $0.82 annualized dividend and a dividend yield of 3.4%. This is a decrease from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.0751.

Invesco BulletShares 2033 Municipal Bond ETF Company Profile

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.