InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Update

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 37,000 shares, a drop of 16.7% from the August 31st total of 44,400 shares. Based on an average daily volume of 123,900 shares, the short-interest ratio is presently 0.3 days.

InvescoBulletShares2033 Corporate Bond ETF Stock Down 0.2 %

Shares of BSCX traded down $0.04 during mid-day trading on Monday, hitting $21.58. 89,275 shares of the company’s stock were exchanged, compared to its average volume of 96,749. The stock’s 50-day simple moving average is $21.36 and its 200-day simple moving average is $20.89. InvescoBulletShares2033 Corporate Bond ETF has a 52 week low of $19.05 and a 52 week high of $23.29.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a dividend of $0.084 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.01 annualized dividend and a dividend yield of 4.67%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its position in InvescoBulletShares2033 Corporate Bond ETF by 1,475.3% during the 2nd quarter. Strategic Financial Concepts LLC now owns 343,092 shares of the company’s stock worth $71,000 after purchasing an additional 321,312 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in InvescoBulletShares2033 Corporate Bond ETF during the 2nd quarter worth about $92,000. First Command Advisory Services Inc. bought a new stake in InvescoBulletShares2033 Corporate Bond ETF in the first quarter worth approximately $127,000. Independence Bank of Kentucky acquired a new position in shares of InvescoBulletShares2033 Corporate Bond ETF during the 1st quarter valued at $222,000. Finally, Dover Advisors LLC acquired a new position in InvescoBulletShares2033 Corporate Bond ETF during the 2nd quarter worth approximately $239,000.

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.