InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Decline in Short Interest

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 26,200 shares, a decline of 64.9% from the October 31st total of 74,600 shares. Based on an average daily volume of 107,000 shares, the short-interest ratio is presently 0.2 days.

InvescoBulletShares2033 Corporate Bond ETF Trading Up 0.5 %

NASDAQ BSCX traded up $0.10 on Friday, hitting $21.11. 27,385 shares of the stock were exchanged, compared to its average volume of 99,519. InvescoBulletShares2033 Corporate Bond ETF has a 52-week low of $20.06 and a 52-week high of $23.29. The company’s 50-day moving average price is $21.14 and its two-hundred day moving average price is $21.06.

InvescoBulletShares2033 Corporate Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.0894 per share. The ex-dividend date was Monday, November 18th.

Hedge Funds Weigh In On InvescoBulletShares2033 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCX. Raymond James & Associates grew its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 216.9% during the 3rd quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock valued at $35,157,000 after acquiring an additional 1,115,129 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 1,475.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 343,092 shares of the company’s stock valued at $71,000 after acquiring an additional 321,312 shares in the last quarter. BCS Wealth Management grew its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 417.6% during the 2nd quarter. BCS Wealth Management now owns 188,568 shares of the company’s stock valued at $3,886,000 after acquiring an additional 152,135 shares in the last quarter. Exchange Capital Management Inc. grew its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 443.7% during the 2nd quarter. Exchange Capital Management Inc. now owns 129,535 shares of the company’s stock valued at $2,670,000 after acquiring an additional 105,711 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 9.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,022,877 shares of the company’s stock valued at $21,082,000 after acquiring an additional 88,552 shares in the last quarter.

About InvescoBulletShares2033 Corporate Bond ETF

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.