InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Significant Growth in Short Interest

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 10,600 shares, an increase of 51.4% from the May 15th total of 7,000 shares. Based on an average daily volume of 78,600 shares, the short-interest ratio is presently 0.1 days.

InvescoBulletShares2033 Corporate Bond ETF Price Performance

Shares of BSCX stock traded down $0.02 during trading hours on Friday, hitting $20.86. 57,114 shares of the company’s stock traded hands, compared to its average volume of 81,504. The stock’s 50 day simple moving average is $20.51 and its 200 day simple moving average is $20.75. InvescoBulletShares2033 Corporate Bond ETF has a 12 month low of $19.05 and a 12 month high of $23.29.

InvescoBulletShares2033 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 24th. Stockholders of record on Tuesday, May 21st were paid a dividend of $0.0905 per share. This represents a $1.09 annualized dividend and a dividend yield of 5.21%. The ex-dividend date of this dividend was Monday, May 20th.

Hedge Funds Weigh In On InvescoBulletShares2033 Corporate Bond ETF

Several large investors have recently modified their holdings of BSCX. Raymond James Financial Services Advisors Inc. bought a new position in shares of InvescoBulletShares2033 Corporate Bond ETF during the first quarter valued at $19,481,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter worth $8,502,000. Carolina Wealth Advisors LLC increased its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 2,472.0% during the first quarter. Carolina Wealth Advisors LLC now owns 223,634 shares of the company’s stock worth $4,663,000 after buying an additional 214,939 shares during the period. Addison Advisors LLC acquired a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter worth $2,577,000. Finally, MONECO Advisors LLC acquired a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the first quarter worth $1,161,000.

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.