Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) Stock Short Interest Drops 65.7%

Invesco BulletShares 2033 Corporate Bond ETF (NASDAQ:BSCX) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 116,387 shares, a drop of 65.7% from the September 15th total of 338,935 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 226,922 shares, the short-interest ratio is currently 0.5 days.

Invesco BulletShares 2033 Corporate Bond ETF Stock Down 0.1%

NASDAQ:BSCX traded down $0.01 during trading hours on Tuesday, hitting $20.14. 46,752 shares of the company were exchanged, compared to its average volume of 224,168. Invesco BulletShares 2033 Corporate Bond ETF has a 52-week low of $19.92 and a 52-week high of $21.69. The company’s 50 day moving average price is $20.50 and its 200-day moving average price is $20.86.

Invesco BulletShares 2033 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a dividend of $0.0848 per share. The ex-dividend date was Monday, September 21st. This is a decrease from Invesco BulletShares 2033 Corporate Bond ETF’s previous monthly dividend of $0.0911. This represents a $1.02 annualized dividend and a dividend yield of 5.1%.

Institutional Investors Weigh In On Invesco BulletShares 2033 Corporate Bond ETF

A number of large investors have recently made changes to their positions in BSCX. Bank of New Hampshire acquired a new stake in shares of Invesco BulletShares 2033 Corporate Bond ETF during the third quarter worth about $73,000. International Assets Investment Management LLC boosted its position in Invesco BulletShares 2033 Corporate Bond ETF by 182.9% in the first quarter. International Assets Investment Management LLC now owns 4,421 shares of the company’s stock valued at $94,000 after buying an additional 2,858 shares during the last quarter. Marquette Asset Management LLC acquired a new position in Invesco BulletShares 2033 Corporate Bond ETF in the 3rd quarter worth approximately $90,000. Somerset Trust Co acquired a new position in Invesco BulletShares 2033 Corporate Bond ETF in the 2nd quarter worth approximately $220,000. Finally, Ascentis Independent Advisors acquired a new position in Invesco BulletShares 2033 Corporate Bond ETF in the 1st quarter worth approximately $230,000.

About Invesco BulletShares 2033 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.