InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Sees Large Decline in Short Interest

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 34,100 shares, a drop of 39.5% from the February 28th total of 56,400 shares. Based on an average daily trading volume, of 178,300 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

InvescoBulletShares2033 Corporate Bond ETF Price Performance

Shares of BSCX opened at $20.86 on Friday. The firm has a 50 day moving average of $20.79 and a 200 day moving average of $20.95. InvescoBulletShares2033 Corporate Bond ETF has a twelve month low of $20.06 and a twelve month high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0792 per share. The ex-dividend date was Monday, March 24th.

Institutional Trading of InvescoBulletShares2033 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of InvescoBulletShares2033 Corporate Bond ETF in the fourth quarter worth $65,081,000. Ameriprise Financial Inc. increased its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 4.6% in the fourth quarter. Ameriprise Financial Inc. now owns 2,062,107 shares of the company’s stock worth $42,521,000 after purchasing an additional 90,581 shares during the last quarter. LPL Financial LLC lifted its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 10.7% in the fourth quarter. LPL Financial LLC now owns 1,045,125 shares of the company’s stock worth $21,550,000 after buying an additional 101,017 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 3,297.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 755,626 shares of the company’s stock worth $15,581,000 after acquiring an additional 733,382 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 0.4% during the 4th quarter. Invesco Ltd. now owns 480,431 shares of the company’s stock valued at $9,906,000 after acquiring an additional 2,074 shares during the last quarter.

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.