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

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a large 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 trading volume of 120,200 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On InvescoBulletShares2033 Corporate Bond ETF

Several large investors have recently made changes to their positions in BSCX. Independence Bank of Kentucky bought a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF in the 1st quarter valued at approximately $222,000. Exchange Capital Management Inc. bought a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF in the 1st quarter valued at approximately $497,000. Commonwealth Equity Services LLC grew its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 20.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 56,093 shares of the company’s stock valued at $1,170,000 after buying an additional 9,398 shares in the last quarter. First Command Advisory Services Inc. bought a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF in the 1st quarter valued at approximately $127,000. Finally, Cetera Advisors LLC grew its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 160.8% in the 1st quarter. Cetera Advisors LLC now owns 33,260 shares of the company’s stock valued at $693,000 after buying an additional 20,505 shares in the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Trading Down 0.2 %

NASDAQ:BSCX traded down $0.05 on Friday, hitting $20.98. 82,997 shares of the company’s stock traded hands, compared to its average volume of 97,610. InvescoBulletShares2033 Corporate Bond ETF has a 1 year low of $19.13 and a 1 year high of $23.29. The firm has a 50-day moving average price of $21.45 and a 200-day moving average price of $20.97.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

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

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.