InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) Short Interest Up 151.2% in August

InvescoBulletShares2033 Municipal Bond ETF (NASDAQ:BSSX) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 21,600 shares, an increase of 151.2% from the July 31st total of 8,600 shares. Based on an average trading volume of 11,400 shares, the days-to-cover ratio is currently 1.9 days.

InvescoBulletShares2033 Municipal Bond ETF Trading Up 0.2 %

BSSX stock traded up $0.05 during mid-day trading on Friday, reaching $26.19. The company’s stock had a trading volume of 2,579 shares, compared to its average volume of 12,439. The business’s 50 day moving average price is $26.10 and its 200 day moving average price is $26.07. InvescoBulletShares2033 Municipal Bond ETF has a 12 month low of $23.92 and a 12 month high of $27.59.

InvescoBulletShares2033 Municipal Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.0736 per share. This is an increase from InvescoBulletShares2033 Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, June 24th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Sterling Financial Group Inc. purchased a new position in InvescoBulletShares2033 Municipal Bond ETF in the first quarter worth $2,930,000. Envision Financial Planning LLC bought a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF during the 1st quarter valued at $2,741,000. Commonwealth Equity Services LLC raised its stake 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 valued at $586,000 after purchasing an additional 1,254 shares during the period. Key Financial Inc bought a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF during the 2nd quarter valued at $502,000. Finally, Confluence Investment Management LLC bought a new stake in shares of InvescoBulletShares2033 Municipal Bond ETF during the 1st quarter valued at $325,000.

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.