Short Interest in InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Rises By 216.9%

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 56,400 shares, a growth of 216.9% from the February 13th total of 17,800 shares. Based on an average daily volume of 178,100 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s shares are short sold.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

BSCX stock opened at $20.77 on Thursday. The company has a 50 day moving average price of $20.70 and a 200 day moving average price of $21.00. InvescoBulletShares2033 Corporate Bond ETF has a fifty-two week low of $20.06 and a fifty-two week high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were given a $0.0838 dividend. The ex-dividend date of this dividend was Monday, February 24th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Atria Investments Inc grew its holdings in InvescoBulletShares2033 Corporate Bond ETF by 32.0% during the 3rd quarter. Atria Investments Inc now owns 51,645 shares of the company’s stock worth $1,114,000 after acquiring an additional 12,508 shares during the period. Sawgrass Asset Management LLC grew its holdings in InvescoBulletShares2033 Corporate Bond ETF by 70.1% during the 3rd quarter. Sawgrass Asset Management LLC now owns 44,066 shares of the company’s stock worth $951,000 after acquiring an additional 18,155 shares during the period. Thrivent Financial for Lutherans acquired a new stake in InvescoBulletShares2033 Corporate Bond ETF during the 3rd quarter worth $226,000. Captrust Financial Advisors acquired a new stake in InvescoBulletShares2033 Corporate Bond ETF during the 3rd quarter worth $228,000. Finally, MML Investors Services LLC grew its holdings in InvescoBulletShares2033 Corporate Bond ETF by 3.8% during the 3rd quarter. MML Investors Services LLC now owns 95,888 shares of the company’s stock worth $2,069,000 after acquiring an additional 3,493 shares during the period.

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.