InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Significant Growth in Short Interest

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 26,700 shares, a growth of 246.8% from the November 30th total of 7,700 shares. Based on an average daily trading volume, of 11,800 shares, the short-interest ratio is presently 2.3 days.

InvescoBulletShares2033 Municipal Bond ETF Stock Performance

Shares of BSSX stock traded down $0.16 during trading hours on Friday, hitting $25.70. 6,672 shares of the company were exchanged, compared to its average volume of 12,975. The company has a 50 day simple moving average of $25.98 and a two-hundred day simple moving average of $26.11. InvescoBulletShares2033 Municipal Bond ETF has a fifty-two week low of $24.62 and a fifty-two week high of $27.59.

InvescoBulletShares2033 Municipal Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 23rd will be issued a $0.0724 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Investors Weigh In On InvescoBulletShares2033 Municipal Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its position in shares of InvescoBulletShares2033 Municipal Bond ETF by 5.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 22,615 shares of the company’s stock worth $586,000 after purchasing an additional 1,254 shares in the last quarter. Captrust Financial Advisors raised its stake in InvescoBulletShares2033 Municipal Bond ETF by 16.4% during the 3rd quarter. Captrust Financial Advisors now owns 11,018 shares of the company’s stock worth $290,000 after buying an additional 1,556 shares during the period. Hobbs Group Advisors LLC boosted its holdings in InvescoBulletShares2033 Municipal Bond ETF by 27.1% in the third quarter. Hobbs Group Advisors LLC now owns 7,772 shares of the company’s stock worth $205,000 after acquiring an additional 1,656 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in InvescoBulletShares2033 Municipal Bond ETF in the second quarter valued at approximately $46,000. Finally, Addison Advisors LLC increased its holdings in shares of InvescoBulletShares2033 Municipal Bond ETF by 26.0% during the third quarter. Addison Advisors LLC now owns 16,200 shares of the company’s stock valued at $427,000 after acquiring an additional 3,340 shares in the last quarter.

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.