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

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 74,600 shares, an increase of 119.4% from the September 30th total of 34,000 shares. Based on an average daily trading volume, of 120,200 shares, the days-to-cover ratio is presently 0.6 days.

InvescoBulletShares2033 Corporate Bond ETF Stock Down 0.2 %

Shares of BSCX stock traded down $0.05 during trading hours on Friday, reaching $20.98. 82,997 shares of the company’s stock were exchanged, compared to its average volume of 97,610. The business has a fifty day moving average price of $21.45 and a 200-day moving average price of $20.97. InvescoBulletShares2033 Corporate Bond ETF has a fifty-two week low of $19.13 and a fifty-two week high of $23.29.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were paid a $0.088 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 5.03%. This is a positive change from InvescoBulletShares2033 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, October 21st.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Marquette Asset Management LLC raised its stake in InvescoBulletShares2033 Corporate Bond ETF by 47.3% during the third quarter. Marquette Asset Management LLC now owns 1,961 shares of the company’s stock worth $42,000 after acquiring an additional 630 shares in the last quarter. Eastern Bank acquired a new position in InvescoBulletShares2033 Corporate Bond ETF during the third quarter worth $57,000. Strategic Financial Concepts LLC raised its stake in InvescoBulletShares2033 Corporate Bond ETF by 1,475.3% during the second quarter. Strategic Financial Concepts LLC now owns 343,092 shares of the company’s stock worth $71,000 after acquiring an additional 321,312 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in InvescoBulletShares2033 Corporate Bond ETF during the second quarter worth $92,000. Finally, First Command Advisory Services Inc. acquired a new position in InvescoBulletShares2033 Corporate Bond ETF during the first quarter worth $127,000.

InvescoBulletShares2033 Corporate Bond ETF Company Profile

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.