Short Interest in InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Rises By 10.2%

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 44,400 shares, an increase of 10.2% from the August 15th total of 40,300 shares. Based on an average daily trading volume, of 124,800 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Raymond James & Associates grew its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 275.2% in the second quarter. Raymond James & Associates now owns 514,022 shares of the company’s stock valued at $10,594,000 after buying an additional 377,026 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 1,475.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 343,092 shares of the company’s stock valued at $71,000 after acquiring an additional 321,312 shares during the period. Carolina Wealth Advisors LLC increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 2,472.0% during the 1st quarter. Carolina Wealth Advisors LLC now owns 223,634 shares of the company’s stock worth $4,663,000 after purchasing an additional 214,939 shares during the last quarter. BCS Wealth Management raised its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 417.6% in the 2nd quarter. BCS Wealth Management now owns 188,568 shares of the company’s stock valued at $3,886,000 after purchasing an additional 152,135 shares during the period. Finally, Exchange Capital Management Inc. raised its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 443.7% in the 2nd quarter. Exchange Capital Management Inc. now owns 129,535 shares of the company’s stock valued at $2,670,000 after purchasing an additional 105,711 shares during the period.

InvescoBulletShares2033 Corporate Bond ETF Trading Down 0.4 %

NASDAQ:BSCX traded down $0.08 on Wednesday, hitting $21.69. 74,824 shares of the company’s stock were exchanged, compared to its average volume of 97,254. The firm has a 50-day moving average price of $21.25 and a 200-day moving average price of $20.85. InvescoBulletShares2033 Corporate Bond ETF has a 52 week low of $19.05 and a 52 week high of $23.29.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.094 per share. The ex-dividend date was Monday, August 19th. This represents a $1.13 annualized dividend and a yield of 5.20%.

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.