InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Down 30.7% in February

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 17,800 shares, a drop of 30.7% from the January 31st total of 25,700 shares. Based on an average daily volume of 177,200 shares, the days-to-cover ratio is presently 0.1 days.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

InvescoBulletShares2033 Corporate Bond ETF stock traded down $0.04 during mid-day trading on Tuesday, hitting $21.01. The company’s stock had a trading volume of 142,555 shares, compared to its average volume of 209,104. The business has a 50 day moving average price of $20.67 and a 200-day moving average price of $21.02. InvescoBulletShares2033 Corporate Bond ETF has a 12 month low of $20.06 and a 12 month high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a dividend of $0.0838 per share. The ex-dividend date was Monday, February 24th.

Hedge Funds Weigh In On InvescoBulletShares2033 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wilkins Miller Wealth Management LLC purchased a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter valued at approximately $487,000. Investment Management Corp VA ADV purchased a new stake in shares of InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter worth about $190,000. Waverly Advisors LLC raised its position in InvescoBulletShares2033 Corporate Bond ETF by 22.3% during the 4th quarter. Waverly Advisors LLC now owns 14,079 shares of the company’s stock valued at $290,000 after purchasing an additional 2,570 shares during the last quarter. Ellevest Inc. lifted its holdings in InvescoBulletShares2033 Corporate Bond ETF by 9.3% in the 4th quarter. Ellevest Inc. now owns 71,354 shares of the company’s stock worth $1,471,000 after buying an additional 6,066 shares during the period. Finally, Citadel Advisors LLC grew its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 677.4% in the 4th quarter. Citadel Advisors LLC now owns 301,784 shares of the company’s stock worth $6,223,000 after buying an additional 262,962 shares during the last quarter.

About InvescoBulletShares2033 Corporate Bond ETF

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.