Short Interest in InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Drops By 39.5%

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 34,100 shares, a decline of 39.5% from the February 28th total of 56,400 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 178,300 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Commonwealth Equity Services LLC increased its holdings in InvescoBulletShares2033 Corporate Bond ETF by 10.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 81,156 shares of the company’s stock valued at $1,673,000 after purchasing an additional 7,545 shares in the last quarter. Community Bank N.A. grew its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 294.2% during the fourth quarter. Community Bank N.A. now owns 2,700 shares of the company’s stock worth $56,000 after purchasing an additional 2,015 shares during the period. Captrust Financial Advisors acquired a new position in InvescoBulletShares2033 Corporate Bond ETF in the third quarter valued at about $228,000. Thrivent Financial for Lutherans acquired a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF in the 3rd quarter valued at approximately $226,000. Finally, Addison Advisors LLC raised its holdings in InvescoBulletShares2033 Corporate Bond ETF by 9.0% in the fourth quarter. Addison Advisors LLC now owns 201,184 shares of the company’s stock worth $4,148,000 after purchasing an additional 16,581 shares during the period.

InvescoBulletShares2033 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCX traded up $0.10 during midday trading on Friday, reaching $20.86. 104,927 shares of the company’s stock were exchanged, compared to its average volume of 121,455. InvescoBulletShares2033 Corporate Bond ETF has a 12 month low of $20.06 and a 12 month high of $21.82. The company’s 50 day simple moving average is $20.79 and its two-hundred day simple moving average is $20.96.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.0792 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.