InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Short Interest Update

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 12,600 shares, a drop of 63.0% from the March 15th total of 34,100 shares. Based on an average daily volume of 164,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

InvescoBulletShares2033 Corporate Bond ETF Trading Up 0.7 %

BSCX traded up $0.14 during midday trading on Tuesday, hitting $20.66. The company had a trading volume of 50,714 shares, compared to its average volume of 121,524. The stock’s 50 day moving average price is $20.81 and its 200 day moving average price is $20.87. InvescoBulletShares2033 Corporate Bond ETF has a 52 week low of $20.06 and a 52 week high of $21.82.

InvescoBulletShares2033 Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.0792 per share. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Capital Investment Advisors LLC purchased a new position in shares of InvescoBulletShares2033 Corporate Bond ETF in the 1st quarter worth approximately $201,000. BCS Wealth Management lifted its holdings in InvescoBulletShares2033 Corporate Bond ETF by 2.3% during the first quarter. BCS Wealth Management now owns 418,341 shares of the company’s stock worth $8,739,000 after acquiring an additional 9,517 shares during the period. Butensky & Cohen Financial Security Inc. boosted its position in InvescoBulletShares2033 Corporate Bond ETF by 11.3% in the first quarter. Butensky & Cohen Financial Security Inc. now owns 52,294 shares of the company’s stock worth $1,092,000 after purchasing an additional 5,322 shares during the last quarter. Davis Capital Management grew its stake in InvescoBulletShares2033 Corporate Bond ETF by 166.7% in the 1st quarter. Davis Capital Management now owns 1,800 shares of the company’s stock valued at $38,000 after purchasing an additional 1,125 shares during the period. Finally, Marquette Asset Management LLC increased its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 38.9% during the 1st quarter. Marquette Asset Management LLC now owns 4,118 shares of the company’s stock valued at $86,000 after purchasing an additional 1,154 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.