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

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter worth about $65,081,000. Ameriprise Financial Inc. lifted its stake in InvescoBulletShares2033 Corporate Bond ETF by 4.6% during the 4th quarter. Ameriprise Financial Inc. now owns 2,062,107 shares of the company’s stock valued at $42,521,000 after acquiring an additional 90,581 shares during the period. LPL Financial LLC boosted its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 10.7% in the 4th quarter. LPL Financial LLC now owns 1,045,125 shares of the company’s stock valued at $21,550,000 after acquiring an additional 101,017 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 3,297.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 755,626 shares of the company’s stock worth $15,581,000 after acquiring an additional 733,382 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 0.4% during the fourth quarter. Invesco Ltd. now owns 480,431 shares of the company’s stock worth $9,906,000 after purchasing an additional 2,074 shares during the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ:BSCX traded up $0.02 on Monday, hitting $20.89. 11,278 shares of the company were exchanged, compared to its average volume of 121,033. InvescoBulletShares2033 Corporate Bond ETF has a 1-year low of $20.06 and a 1-year high of $21.82. The stock’s 50 day moving average price is $20.79 and its 200 day moving average price is $20.95.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0792 per share. The ex-dividend date 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.