InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Large Decrease in Short Interest

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 5,400 shares, a decline of 80.6% from the February 13th total of 27,900 shares. Based on an average trading volume of 18,400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

InvescoBulletShares2033 Municipal Bond ETF Stock Performance

Shares of NASDAQ:BSSX traded down $0.13 during midday trading on Wednesday, hitting $25.66. 2,852 shares of the company’s stock traded hands, compared to its average volume of 19,605. The firm’s fifty day moving average price is $25.77 and its two-hundred day moving average price is $26.00. InvescoBulletShares2033 Municipal Bond ETF has a twelve month low of $24.62 and a twelve month high of $27.27.

InvescoBulletShares2033 Municipal Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a dividend of $0.0658 per share. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Investors Weigh In On InvescoBulletShares2033 Municipal Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. acquired a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the 4th quarter valued at about $28,000. Asset Dedication LLC boosted its holdings in shares of InvescoBulletShares2033 Municipal Bond ETF by 238.0% in the 4th quarter. Asset Dedication LLC now owns 2,420 shares of the company’s stock valued at $62,000 after buying an additional 1,704 shares during the period. Global Financial Private Client LLC acquired a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the 4th quarter valued at about $90,000. First Command Advisory Services Inc. boosted its holdings in shares of InvescoBulletShares2033 Municipal Bond ETF by 35.1% in the 4th quarter. First Command Advisory Services Inc. now owns 4,274 shares of the company’s stock valued at $110,000 after buying an additional 1,111 shares during the period. Finally, Crews Bank & Trust acquired a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the 4th quarter valued at about $197,000.

About InvescoBulletShares2033 Municipal Bond ETF

The Invesco BulletShares 2033 Municipal Bond ETF (BSSX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2033. BSSX was launched on Sep 20, 2023 and is issued by Invesco.