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

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 25,100 shares, a drop of 63.4% from the December 31st total of 68,600 shares. Based on an average daily volume of 118,200 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of InvescoBulletShares2033 Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Stephens Inc. AR increased its position in InvescoBulletShares2033 Corporate Bond ETF by 26.7% in the 4th quarter. Stephens Inc. AR now owns 71,795 shares of the company’s stock worth $1,480,000 after purchasing an additional 15,138 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 3,297.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 755,626 shares of the company’s stock valued at $15,581,000 after buying an additional 733,382 shares in the last quarter. YANKCOM Partnership acquired a new position in InvescoBulletShares2033 Corporate Bond ETF in the fourth quarter worth approximately $84,000. Independence Bank of Kentucky grew its position in InvescoBulletShares2033 Corporate Bond ETF by 24.2% in the fourth quarter. Independence Bank of Kentucky now owns 37,822 shares of the company’s stock worth $780,000 after acquiring an additional 7,364 shares in the last quarter. Finally, Asset Dedication LLC increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 174.1% during the 4th quarter. Asset Dedication LLC now owns 65,329 shares of the company’s stock worth $1,347,000 after purchasing an additional 41,493 shares during the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

BSCX traded down $0.03 on Wednesday, reaching $20.66. 29,310 shares of the company traded hands, compared to its average volume of 134,527. The stock’s 50 day moving average price is $20.75 and its 200-day moving average price is $21.07. InvescoBulletShares2033 Corporate Bond ETF has a 52-week low of $20.06 and a 52-week high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were paid a $0.0856 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

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.