Short Interest in InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) Decreases By 70.8%

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 7,800 shares, a decline of 70.8% from the December 31st total of 26,700 shares. Based on an average daily trading volume, of 12,200 shares, the days-to-cover ratio is currently 0.6 days.

InvescoBulletShares2033 Municipal Bond ETF Stock Down 0.2 %

Shares of NASDAQ BSSX traded down $0.05 during trading on Tuesday, reaching $25.70. 248,580 shares of the stock traded hands, compared to its average volume of 24,887. The company has a 50-day moving average of $25.90 and a 200-day moving average of $26.07. InvescoBulletShares2033 Municipal Bond ETF has a 52-week low of $24.62 and a 52-week high of $27.59.

InvescoBulletShares2033 Municipal Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a dividend of $0.0661 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

Hedge Funds Weigh In On InvescoBulletShares2033 Municipal Bond ETF

Several large investors have recently modified their holdings of BSSX. Crews Bank & Trust purchased a new position in shares of InvescoBulletShares2033 Municipal Bond ETF in the fourth quarter valued at $197,000. Asset Dedication LLC increased its position in shares of InvescoBulletShares2033 Municipal Bond ETF by 238.0% during the fourth 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. Avior Wealth Management LLC boosted its position in shares of InvescoBulletShares2033 Municipal Bond ETF by 165.1% in the fourth quarter. Avior Wealth Management LLC now owns 24,088 shares of the company’s stock valued at $620,000 after acquiring an additional 15,000 shares during the period. CGN Advisors LLC purchased a new position in InvescoBulletShares2033 Municipal Bond ETF during the fourth quarter valued at approximately $449,000. Finally, Global Financial Private Client LLC purchased a new stake in InvescoBulletShares2033 Municipal Bond ETF in the 4th quarter worth approximately $90,000.

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.