Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Sees Large Growth in Short Interest

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 26,195 shares, an increase of 194.8% from the April 15th total of 8,887 shares. Based on an average daily volume of 19,985 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 23.6% in the second quarter. Osaic Holdings Inc. now owns 3,592 shares of the company’s stock worth $90,000 after acquiring an additional 686 shares during the last quarter. First Command Advisory Services Inc. lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 14.2% in the third quarter. First Command Advisory Services Inc. now owns 5,931 shares of the company’s stock worth $152,000 after acquiring an additional 737 shares during the last quarter. MML Investors Services LLC lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 8.0% in the fourth quarter. MML Investors Services LLC now owns 11,941 shares of the company’s stock worth $309,000 after acquiring an additional 888 shares during the last quarter. D.A. Davidson & CO. lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 10.9% in the third quarter. D.A. Davidson & CO. now owns 10,700 shares of the company’s stock worth $273,000 after acquiring an additional 1,050 shares during the last quarter. Finally, Addison Advisors LLC lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 6.1% in the third quarter. Addison Advisors LLC now owns 20,945 shares of the company’s stock worth $535,000 after acquiring an additional 1,205 shares during the last quarter.

Invesco BulletShares 2033 Municipal Bond ETF Trading Down 0.3%

Shares of NASDAQ BSSX traded down $0.07 during midday trading on Friday, hitting $25.57. The company’s stock had a trading volume of 22,173 shares, compared to its average volume of 23,826. The business’s fifty day simple moving average is $25.67 and its two-hundred day simple moving average is $25.84. Invesco BulletShares 2033 Municipal Bond ETF has a 1 year low of $24.67 and a 1 year high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Stockholders of record on Monday, April 20th were paid a $0.0713 dividend. The ex-dividend date of this dividend was Monday, April 20th. This is a positive change from Invesco BulletShares 2033 Municipal Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.3%.

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.