InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Down 8.9% in July

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 41,800 shares, a drop of 8.9% from the June 30th total of 45,900 shares. Based on an average daily trading volume, of 84,800 shares, the short-interest ratio is presently 0.5 days.

InvescoBulletShares2033 Corporate Bond ETF Trading Up 0.1 %

InvescoBulletShares2033 Corporate Bond ETF stock traded up $0.03 during mid-day trading on Tuesday, reaching $20.94. The company had a trading volume of 73,543 shares, compared to its average volume of 88,298. InvescoBulletShares2033 Corporate Bond ETF has a 1 year low of $19.05 and a 1 year high of $23.29. The stock’s 50-day simple moving average is $20.75 and its 200-day simple moving average is $20.72.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were issued a $0.097 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This is a boost from InvescoBulletShares2033 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a $1.16 dividend on an annualized basis and a yield of 5.56%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Independence Bank of Kentucky increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 166.5% during the 2nd quarter. Independence Bank of Kentucky now owns 28,315 shares of the company’s stock worth $584,000 after purchasing an additional 17,691 shares in the last quarter. Exchange Capital Management Inc. increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 443.7% during the 2nd quarter. Exchange Capital Management Inc. now owns 129,535 shares of the company’s stock worth $2,670,000 after purchasing an additional 105,711 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 9.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,022,877 shares of the company’s stock worth $21,082,000 after purchasing an additional 88,552 shares in the last quarter. MONECO Advisors LLC increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 43.4% during the 2nd quarter. MONECO Advisors LLC now owns 79,872 shares of the company’s stock worth $1,646,000 after purchasing an additional 24,168 shares in the last quarter. Finally, Raymond James & Associates increased its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 275.2% during the 2nd quarter. Raymond James & Associates now owns 514,022 shares of the company’s stock worth $10,594,000 after purchasing an additional 377,026 shares in 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.