InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Update

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 25,100 shares, a drop of 63.4% from the December 31st total of 68,600 shares. Based on an average trading volume of 118,200 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new stake in InvescoBulletShares2033 Corporate Bond ETF during the second quarter valued at about $791,000. Raymond James & Associates lifted its position 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 worth $35,157,000 after purchasing an additional 1,115,129 shares during the last quarter. Novare Capital Management LLC bought a new stake in InvescoBulletShares2033 Corporate Bond ETF during the 3rd quarter valued at approximately $358,000. Marquette Asset Management LLC grew its holdings in InvescoBulletShares2033 Corporate Bond ETF by 47.3% in the 3rd quarter. Marquette Asset Management LLC now owns 1,961 shares of the company’s stock valued at $42,000 after buying an additional 630 shares during the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in InvescoBulletShares2033 Corporate Bond ETF in the 3rd quarter worth approximately $226,000.

InvescoBulletShares2033 Corporate Bond ETF Stock Down 0.1 %

BSCX traded down $0.03 on Wednesday, hitting $20.66. The company had a trading volume of 29,310 shares, compared to its average volume of 134,527. The company’s fifty day moving average price is $20.75 and its 200 day moving average price is $21.07. InvescoBulletShares2033 Corporate Bond ETF has a 1-year low of $20.06 and a 1-year high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a $0.0856 dividend. The ex-dividend date was Tuesday, January 21st.

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.