Short Interest in InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) Expands By 173.4%

InvescoBulletShares2033 Corporate Bond ETF (NASDAQ:BSCX) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 25,700 shares, a growth of 173.4% from the January 15th total of 9,400 shares. Based on an average daily trading volume, of 176,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On InvescoBulletShares2033 Corporate Bond ETF

Several large investors have recently modified their holdings of BSCX. Raymond James Financial Inc. purchased a new position in InvescoBulletShares2033 Corporate Bond ETF during the fourth quarter valued at approximately $65,081,000. Raymond James & Associates increased its holdings in shares of InvescoBulletShares2033 Corporate Bond ETF by 216.9% in the 3rd quarter. Raymond James & Associates now owns 1,629,151 shares of the company’s stock valued at $35,157,000 after acquiring an additional 1,115,129 shares during the period. Strategic Financial Concepts LLC raised its position in shares of InvescoBulletShares2033 Corporate Bond ETF by 3,297.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 755,626 shares of the company’s stock worth $15,581,000 after acquiring an additional 733,382 shares in the last quarter. BCS Wealth Management lifted its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 77.8% during the 3rd quarter. BCS Wealth Management now owns 335,274 shares of the company’s stock worth $7,235,000 after purchasing an additional 146,706 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of InvescoBulletShares2033 Corporate Bond ETF by 10.7% during the 4th quarter. LPL Financial LLC now owns 1,045,125 shares of the company’s stock worth $21,550,000 after purchasing an additional 101,017 shares during the last quarter.

InvescoBulletShares2033 Corporate Bond ETF Stock Performance

Shares of InvescoBulletShares2033 Corporate Bond ETF stock traded down $0.09 during trading on Wednesday, hitting $20.59. 72,160 shares of the stock traded hands, compared to its average volume of 251,949. The stock’s fifty day simple moving average is $20.70 and its 200 day simple moving average is $21.06. 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 firm also recently announced a dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 21st were given a dividend of $0.0856 per share. The ex-dividend date was Tuesday, January 21st.

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.