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

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

Institutional Trading of Invesco BulletShares 2033 Municipal Bond ETF

Large investors have recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in shares of Invesco BulletShares 2033 Municipal Bond ETF in the 1st quarter worth about $72,000. Osaic Holdings Inc. grew its position in Invesco BulletShares 2033 Municipal Bond ETF by 23.6% in 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 in the last quarter. Ascentis Independent Advisors bought a new position in Invesco BulletShares 2033 Municipal Bond ETF in the 1st quarter valued at about $140,000. Avior Wealth Management LLC bought a new position in Invesco BulletShares 2033 Municipal Bond ETF in the 4th quarter valued at about $201,000. Finally, IFP Advisors Inc bought a new position in Invesco BulletShares 2033 Municipal Bond ETF in the 3rd quarter valued at about $204,000.

Invesco BulletShares 2033 Municipal Bond ETF Stock Up 0.1%

BSSX stock opened at $25.77 on Wednesday. Invesco BulletShares 2033 Municipal Bond ETF has a fifty-two week low of $24.67 and a fifty-two week high of $26.61. The firm’s 50-day simple moving average is $25.66 and its 200 day simple moving average is $25.80.

Invesco BulletShares 2033 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.0712 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend 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.