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

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 74,600 shares, an increase of 119.4% from the September 30th total of 34,000 shares. Based on an average daily volume of 120,200 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF in the 2nd quarter valued at approximately $791,000. Raymond James & Associates raised its holdings in InvescoBulletShares2033 Corporate Bond ETF by 216.9% during the 3rd quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock valued at $35,157,000 after buying an additional 1,115,129 shares during the period. Independence Bank of Kentucky lifted its position in InvescoBulletShares2033 Corporate Bond ETF by 166.5% in the second quarter. Independence Bank of Kentucky now owns 28,315 shares of the company’s stock worth $584,000 after buying an additional 17,691 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in InvescoBulletShares2033 Corporate Bond ETF by 9.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,022,877 shares of the company’s stock worth $21,082,000 after buying an additional 88,552 shares during the period. Finally, Cetera Advisors LLC increased its position in InvescoBulletShares2033 Corporate Bond ETF by 160.8% during the first quarter. Cetera Advisors LLC now owns 33,260 shares of the company’s stock valued at $693,000 after acquiring an additional 20,505 shares during the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Stock Down 0.2 %

InvescoBulletShares2033 Corporate Bond ETF stock opened at $20.98 on Monday. InvescoBulletShares2033 Corporate Bond ETF has a 52-week low of $19.13 and a 52-week high of $23.29. The firm’s fifty day moving average is $21.45 and its 200 day moving average is $20.97.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.088 per share. This represents a $1.06 annualized dividend and a dividend yield of 5.03%. This is a boost from InvescoBulletShares2033 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, October 21st.

InvescoBulletShares2033 Corporate Bond ETF Company Profile

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.