Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Short Interest Update

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 75,710 shares, an increase of 4,655.7% from the September 15th total of 1,592 shares. Based on an average daily volume of 58,021 shares, the short-interest ratio is presently 1.3 days. Currently, 1.3% of the shares of the stock are sold short.

Invesco BulletShares 2033 Municipal Bond ETF Trading Up 0.6%

Shares of BSSX stock traded up $0.14 during trading hours on Friday, hitting $24.21. 36,541 shares of the company’s stock were exchanged, compared to its average volume of 29,336. The firm has a 50 day moving average of $24.88 and a two-hundred day moving average of $25.36. Invesco BulletShares 2033 Municipal Bond ETF has a fifty-two week low of $23.66 and a fifty-two week high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a $0.0683 dividend. This represents a $0.82 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, September 21st. This is a drop from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.0751.

Hedge Funds Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BSSX. Citadel Advisors LLC purchased a new stake in shares of Invesco BulletShares 2033 Municipal Bond ETF during the second quarter worth about $9,390,000. Gill Capital Partners LLC purchased a new position in Invesco BulletShares 2033 Municipal Bond ETF in the 2nd quarter valued at about $6,368,000. Envestnet Asset Management Inc. lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 396.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 211,317 shares of the company’s stock valued at $5,453,000 after buying an additional 168,754 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in Invesco BulletShares 2033 Municipal Bond ETF in the 3rd quarter worth about $5,057,000. Finally, Bank of America Corp DE boosted its holdings in Invesco BulletShares 2033 Municipal Bond ETF by 47.4% in the 1st quarter. Bank of America Corp DE now owns 167,106 shares of the company’s stock worth $4,248,000 after buying an additional 53,708 shares during the last quarter.

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.