Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Short Interest Down 34.6% in May

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 13,215 shares, a decrease of 34.6% from the May 14th total of 20,220 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 25,361 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco BulletShares 2033 Municipal Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BSSX. Fifth Third Bancorp purchased a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF during the 1st quarter valued at approximately $72,000. Osaic Holdings Inc. boosted its stake in shares of Invesco BulletShares 2033 Municipal Bond ETF by 23.6% during 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 shares of Invesco BulletShares 2033 Municipal Bond ETF during the 1st quarter valued at approximately $140,000. Avior Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF during the 4th quarter valued at approximately $201,000. Finally, IFP Advisors Inc purchased a new position in shares of Invesco BulletShares 2033 Municipal Bond ETF during the 3rd quarter valued at approximately $204,000.

Invesco BulletShares 2033 Municipal Bond ETF Stock Performance

Shares of Invesco BulletShares 2033 Municipal Bond ETF stock traded up $0.03 on Tuesday, hitting $25.77. 1,912 shares of the company’s stock traded hands, compared to its average volume of 23,307. The firm’s 50-day moving average is $25.66 and its 200 day moving average is $25.80. Invesco BulletShares 2033 Municipal Bond ETF has a 52-week low of $24.67 and a 52-week high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a dividend of $0.0712 per share. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, May 18th.

About Invesco BulletShares 2033 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.