Short Interest in InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Drops By 78.0%

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 9,200 shares, a decrease of 78.0% from the July 15th total of 41,800 shares. Based on an average daily trading volume, of 102,000 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On InvescoBulletShares2033 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Tennessee Valley Asset Management Partners acquired a new stake in InvescoBulletShares2033 Corporate Bond ETF in the 4th quarter worth about $40,000. Benjamin F. Edwards & Company Inc. purchased a new position in shares of InvescoBulletShares2033 Corporate Bond ETF in the second quarter worth about $92,000. First Command Advisory Services Inc. acquired a new position in InvescoBulletShares2033 Corporate Bond ETF during the first quarter worth about $127,000. Independence Bank of Kentucky acquired a new stake in InvescoBulletShares2033 Corporate Bond ETF in the 1st quarter valued at about $222,000. Finally, Dover Advisors LLC purchased a new position in InvescoBulletShares2033 Corporate Bond ETF during the second quarter worth approximately $239,000.

InvescoBulletShares2033 Corporate Bond ETF Stock Up 0.2 %

InvescoBulletShares2033 Corporate Bond ETF stock traded up $0.05 during midday trading on Wednesday, hitting $21.39. 75,730 shares of the company were exchanged, compared to its average volume of 95,853. InvescoBulletShares2033 Corporate Bond ETF has a fifty-two week low of $19.05 and a fifty-two week high of $23.29. The business has a fifty day simple moving average of $20.88 and a two-hundred day simple moving average of $20.74.

InvescoBulletShares2033 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 26th. Stockholders of record on Monday, July 22nd were issued a dividend of $0.097 per share. This represents a $1.16 annualized dividend and a dividend yield of 5.44%. This is a positive change from InvescoBulletShares2033 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Monday, July 22nd.

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.