InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Up 226.7% in December

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 68,600 shares, an increase of 226.7% from the November 30th total of 21,000 shares. Based on an average daily volume of 108,900 shares, the days-to-cover ratio is presently 0.6 days.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

NASDAQ:BSCX traded down $0.07 during mid-day trading on Friday, hitting $20.57. 133,951 shares of the stock were exchanged, compared to its average volume of 100,381. The firm’s 50-day simple moving average is $20.92 and its 200 day simple moving average is $21.10. InvescoBulletShares2033 Corporate Bond ETF has a fifty-two week low of $20.06 and a fifty-two week high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0907 per share. The ex-dividend date was Monday, December 23rd. This is a positive change from InvescoBulletShares2033 Corporate Bond ETF’s previous dividend of $0.09.

Institutional Investors Weigh In On InvescoBulletShares2033 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new stake in InvescoBulletShares2033 Corporate Bond ETF during the second quarter worth about $791,000. Raymond James & Associates boosted its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 216.9% during the 3rd quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock worth $35,157,000 after acquiring an additional 1,115,129 shares in the last quarter. Novare Capital Management LLC bought a new position in InvescoBulletShares2033 Corporate Bond ETF in the third quarter valued at approximately $358,000. Strategic Financial Concepts LLC increased its stake in InvescoBulletShares2033 Corporate Bond ETF by 1,475.3% in the second quarter. Strategic Financial Concepts LLC now owns 343,092 shares of the company’s stock valued at $71,000 after acquiring an additional 321,312 shares during the last quarter. Finally, Asset Dedication LLC raised its position in InvescoBulletShares2033 Corporate Bond ETF by 816.9% during the second quarter. Asset Dedication LLC now owns 15,019 shares of the company’s stock valued at $310,000 after purchasing an additional 13,381 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.