Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Large Increase in Short Interest

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 15,579 shares, an increase of 51.7% from the July 30th total of 10,269 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 19,216 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in BSSX. Fifth Third Bancorp purchased a new stake in Invesco BulletShares 2033 Municipal Bond ETF during the 1st quarter worth $72,000. Osaic Holdings Inc. boosted its position in Invesco BulletShares 2033 Municipal Bond ETF by 23.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,592 shares of the company’s stock valued at $90,000 after buying an additional 686 shares during the last quarter. Ascentis Independent Advisors purchased a new position in Invesco BulletShares 2033 Municipal Bond ETF in the 1st quarter valued at about $140,000. Equitable Holdings Inc. acquired a new stake in shares of Invesco BulletShares 2033 Municipal Bond ETF during the third quarter valued at about $206,000. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Invesco BulletShares 2033 Municipal Bond ETF during the third quarter valued at about $207,000.

Invesco BulletShares 2033 Municipal Bond ETF Stock Performance

Invesco BulletShares 2033 Municipal Bond ETF stock traded down $0.04 during midday trading on Tuesday, hitting $25.07. 5,968 shares of the company were exchanged, compared to its average volume of 23,524. Invesco BulletShares 2033 Municipal Bond ETF has a fifty-two week low of $24.88 and a fifty-two week high of $26.61. The company’s fifty day moving average price is $25.52 and its 200-day moving average price is $25.66.

Invesco BulletShares 2033 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a dividend of $0.0751 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 24th.

Invesco BulletShares 2033 Municipal Bond ETF Company Profile

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.